1450 Highridge AveDaytona BeachFL32124
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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 1450 Highridge Ave, Daytona Beach, FL, 32124 priced at $336,220 converts $4,249/mo rent into $2,017/mo cash flow after a $1,646/mo obligation. Total monthly income equals $4,249/mo, and annual cash flow totals $24,209/yr on $111,457 invested. Return on cash invested prints 41.63% in year one, and rental yield reads 15.17% against a $336,220 entry. Equity gained on principal adds $2,170/yr, while 5% annual appreciation compiles into $92,891 by year five. Five-year ROI reaches 219.93% and total cumulative return in cash sums $245,131. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,249/mo property income covering a $1,646/mo payment, not borrower’s personal income.
Single Family
Built in 2024
7,875 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32124, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,679 (100%) |
| Owner Occupied HU | 5,168 (77.4%) |
| Renter Occupied HU | 370 ( 5.5%) |
| Vacant Housing Units | 1,141 (17.1%) |
| Median Home Value | $545,550 |
| Average Home Value | $550,365 |
Housing Distribution
Address Breakdown
Residential
5,671
Single Family
5,671
Multi-Family
0
Businesses
138
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Listed by: Michelle Cecchini • SHELL REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6230930
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511