124 Loon CtDaytona 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
Investment property for sale in Daytona Beach at 124 Loon Ct, Daytona Beach, FL, 32119 uses $99,450 cash to close to unlock $774/yr annual cash flow and $65/mo monthly cash flow. Total monthly income runs $2,055/mo, and a $1,468/mo payment keeps the spread at $65/mo. Purchase price stands at $299,999, and rental yield measures 8.22% with $2,055/mo rent. Return on cash invested shows 20.69% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 107.61% and total cumulative return in cash records $107,016. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,055/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1984
6,534 sqft 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: Julie Anderson • Clayton Realty Group, LLC
Mls Name: DBAMLS
Mls ID: #1216613