106 Carnival DrDaytona BeachFL32124
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Daytona Beach at 106 Carnival Dr, Daytona Beach, FL, 32124 uses $125,937 cash to close to unlock $370/yr annual cash flow and $31/mo monthly cash flow. Total monthly income runs $2,852/mo, and a $1,859/mo payment keeps the spread at $31/mo. Purchase price stands at $379,900, and rental yield measures 9.01% with $2,852/mo rent. Return on cash invested shows 20.2% in year one, and 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 106.04% and total cumulative return in cash records $133,541. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,852/mo property income covering a $1,859/mo payment rather than investor’s personal income.
Single Family
Built in 2000
5,662 sqft lot
$N/A/sqft
$268 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32124, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,679 (100%) |
| Owner Occupied HU | 5,168 (77.4%) |
| Renter Occupied HU | 370 ( 5.5%) |
| Vacant Housing Units | 1,141 (17.1%) |
| Median Home Value | $545,550 |
| Average Home Value | $550,365 |
Housing Distribution
Address Breakdown
Residential
5,671
Single Family
5,671
Multi-Family
0
Businesses
138
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Listed by: Geraldine Westfall Adams • Simply Real Estate
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1211308
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.