1123 Morfontain StDaytona BeachFL32124
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1123 Morfontain St, Daytona Beach, FL, 32124 generates $2,640/mo in rent and, after a $1,845/mo payment, leaves $138/mo in cash flow. Total monthly income is $2,640/mo, and annual cash flow is $1,661/yr on $124,972 invested. Return on cash invested sits at 21.24% in year one, and rental yield is 8.4% on a $376,990 entry. Equity gained on principal adds $2,433/yr, while 5% annual appreciation builds toward $104,155 over five years. Five-year ROI reaches 110.56% and total cumulative return in cash sums $138,172. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
6,434 sqft lot
$N/A/sqft
No 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: Stephen Cline • DR HORTON REALTY OF CENTRAL FLORIDA LLC
Mls Name: Stellar MLS
Mls ID: #O6366468