106 Oceans TrceDaytona BeachFL32118
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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
Rental property for sale in Daytona Beach at 106 Oceans Trce, Daytona Beach, FL, 32118 priced at $499,900 converts $4,586/mo rent into $1,068/mo cash flow after a $2,447/mo obligation. Total monthly income equals $4,586/mo, and annual cash flow totals $12,820/yr on $165,717 invested. Return on cash invested prints 27.65% in year one, and rental yield reads 11.01% against a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,113 by year five. Five-year ROI reaches 145.46% and total cumulative return in cash sums $241,056. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,586/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Townhouse
Built in 2022
2,118 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32118, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,767 (100%) |
| Owner Occupied HU | 6,250 (37.3%) |
| Renter Occupied HU | 3,691 (22.0%) |
| Vacant Housing Units | 6,826 (40.7%) |
| Median Home Value | $464,885 |
| Average Home Value | $518,462 |
Housing Distribution
Address Breakdown
Residential
11,503
Single Family
5,484
Multi-Family
6,019
Businesses
754
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Listed by: Terri Rijos • COLLADO REAL ESTATE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6293325
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511