124 Baywood DrDaytona BeachFL32117
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 124 Baywood Dr, Daytona Beach, FL, 32117 priced at $155,000 converts $1,168/mo rent into $139/mo cash flow after a $759/mo obligation. Total monthly income equals $1,168/mo, and annual cash flow totals $1,668/yr on $51,383 invested. Return on cash invested prints 23.16% in year one, and rental yield reads 9.04% against a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,824 by year five. Five-year ROI reaches 120.94% and total cumulative return in cash sums $62,140. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,168/mo property income covering a $759/mo payment, not borrower’s personal income.
Single Family
Built in 1958
7,910 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Fina Perez • MARK SPAIN REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #O6352887