1417 Margina AveDaytona BeachFL32114
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
Investment property for sale in Daytona Beach at 1417 Margina Ave, Daytona Beach, FL, 32114 earns $988/mo cash flow from $3,211/mo rent with a $1,640/mo payment. Total monthly income totals $3,211/mo, and annual cash flow totals $11,850/yr on $111,053 capital. ROI tracks 30.58% on current figures, and rental yield reads 11.5% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 160.67% and total cumulative return in cash sums $178,424. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,211/mo property income instead of your personal income.
Single Family
Built in 1964
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32114, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,852 (100%) |
| Owner Occupied HU | 4,501 (26.7%) |
| Renter Occupied HU | 10,215 (60.6%) |
| Vacant Housing Units | 2,136 (12.7%) |
| Median Home Value | $234,538 |
| Average Home Value | $297,654 |
Housing Distribution
Address Breakdown
Residential
14,814
Single Family
9,431
Multi-Family
5,383
Businesses
1,756
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Corbin • Keller Williams Realty Florida Partners
Mls Name: DBAMLS
Mls ID: #1217347