151 Reef RdSouth DaytonaFL32119
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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 South Daytona at 151 Reef Rd, South Daytona, FL, 32119 priced at $799,000 converts $3,640/mo rent into after a $3,911/mo obligation. Total monthly income equals $3,640/mo. Return on cash invested prints 12.47% in year one, and rental yield reads 5.47% against a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation compiles into $220,749 by year five. Five-year ROI reaches 63.51% and total cumulative return in cash sums $166,962. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,640/mo property income covering a $3,911/mo payment, not borrower’s personal income.
Single Family
Built in 1957
0.26 Acres 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: Neshia Oglesby • Century 21 Sundance Realty
Mls Name: DBAMLS
Mls ID: #1216905