1433 N Atlantic Ave APT 230Daytona 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 1433 N Atlantic Ave APT 230, Daytona Beach, FL, 32118 generates $902/mo in rent and, after a $563/mo payment, leaves $139/mo in cash flow. Total monthly income is $902/mo, and annual cash flow is $1,665/yr on $38,123 invested. Return on cash invested sits at 24.28% in year one, and rental yield is 9.41% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 126.88% and total cumulative return in cash sums $48,369. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $902/mo property income rather than buyer’s personal income.
Condo
Built in 1977
5.45 Acres 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: David Glidewell • RE/MAX Signature
Mls Name: DBAMLS
Mls ID: #1217798