129 Blue Heron Dr APT ADaytona 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
Rental property for sale in Daytona Beach at 129 Blue Heron Dr APT A, Daytona Beach, FL, 32119 priced at $205,000 converts $1,375/mo rent into $15/mo cash flow after a $1,003/mo obligation. Total monthly income equals $1,375/mo, and annual cash flow totals $180/yr on $67,958 invested. Return on cash invested prints 20.17% in year one, and rental yield reads 8.05% against a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation compiles into $56,638 by year five. Five-year ROI reaches 104.83% and total cumulative return in cash sums $71,238. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,375/mo property income covering a $1,003/mo payment, not borrower’s personal income.
Condo
Built in 2000
4,791 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: Elaine Kogut • Adams, Cameron & Co., Realtors
Mls Name: DBAMLS
Mls ID: #1219016