1216 Deneece TerDaytona BeachFL32117
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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 1216 Deneece Ter, Daytona Beach, FL, 32117 generates $1,769/mo in rent and, after a $832/mo payment, leaves $641/mo in cash flow. Total monthly income is $1,769/mo, and annual cash flow is $7,691/yr on $56,355 invested. Return on cash invested sits at 33.56% in year one, and rental yield is 12.49% on a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 176.6% and total cumulative return in cash sums $99,525. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,769/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32117, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,125 (100%) |
| Owner Occupied HU | 7,002 (43.4%) |
| Renter Occupied HU | 7,169 (44.5%) |
| Vacant Housing Units | 1,954 (12.1%) |
| Median Home Value | $205,882 |
| Average Home Value | $265,961 |
Housing Distribution
Address Breakdown
Residential
15,033
Single Family
10,959
Multi-Family
4,074
Businesses
1,541
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Listed by: Duriel Taylor • Canvas Real Estate
Mls Name: MIAMI
Mls ID: #A11928173