114 Blue Heron Dr APT DDaytona BeachFL32119
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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 114 Blue Heron Dr APT D, Daytona Beach, FL, 32119 priced at $180,000 converts $1,439/mo rent into $245/mo cash flow after a $881/mo obligation. Total monthly income equals $1,439/mo, and annual cash flow totals $2,934/yr on $59,670 invested. Return on cash invested prints 24.83% in year one, and rental yield reads 9.59% against a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation compiles into $49,731 by year five. Five-year ROI reaches 129.8% and total cumulative return in cash sums $77,453. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,439/mo property income covering a $881/mo payment, not borrower’s personal income.
Condo
Built in 1981
21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32119, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,734 (100%) |
| Owner Occupied HU | 7,040 (55.3%) |
| Renter Occupied HU | 4,147 (32.6%) |
| Vacant Housing Units | 1,547 (12.1%) |
| Median Home Value | $291,027 |
| Average Home Value | $316,171 |
Housing Distribution
Address Breakdown
Residential
11,866
Single Family
7,494
Multi-Family
4,372
Businesses
739
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Listed by: Julia Lomonosov • RE/MAX Signature
Mls Name: DBAMLS
Mls ID: #1219702