120 Six String 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
Rental property for sale in Daytona Beach at 120 Six String Dr, Daytona Beach, FL, 32124 offers $6,566/mo rent that, after a $3,866/mo payment, leaves $1,006/mo cash flow. Total monthly income is $6,566/mo, and annual cash flow is $12,075/yr on $259,877 cash. Return on cash invested measures 24.71% in year one, and rental yield stands at 9.97% at a $789,900 entry. Equity gained on principal adds $5,097/yr while 5% annual appreciation compounds into $218,235 by year five. Five-year ROI records 129.67% and total cumulative return in cash reaches $336,989. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,566/mo property income versus a $3,866/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
8,276 sqft lot
$N/A/sqft
$318 monthly 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: Cliff Glansen • FlatFee.com
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1201491
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.