123 Esmeralda AveDaytona 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 123 Esmeralda Ave, Daytona Beach, FL, 32118 priced at $382,500 converts $3,830/mo rent into $1,207/mo cash flow after a $1,872/mo obligation. Total monthly income equals $3,830/mo, and annual cash flow totals $14,484/yr on $126,799 invested. Return on cash invested prints 31.33% in year one, and rental yield reads 12.02% against a $382,500 entry. Equity gained on principal adds $2,468/yr, while 5% annual appreciation compiles into $105,678 by year five. Five-year ROI reaches 165.01% and total cumulative return in cash sums $209,226. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,830/mo property income covering a $1,872/mo payment, not borrower’s personal income.
Single Family
Built in 1953
5,500 sqft lot
$N/A/sqft
No 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: Tammy Shaver • REDFIN CORPORATION
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6164394
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