1571 Hancock LnHolly HillFL32117
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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 Holly Hill at 1571 Hancock Ln, Holly Hill, FL, 32117 priced at $193,000 converts $2,310/mo rent into $884/mo cash flow after a $945/mo obligation. Total monthly income equals $2,310/mo, and annual cash flow totals $10,606/yr on $63,980 invested. Return on cash invested prints 36.49% in year one, and rental yield reads 14.36% against a $193,000 entry. Equity gained on principal adds $1,245/yr, while 5% annual appreciation compiles into $53,322 by year five. Five-year ROI reaches 193.33% and total cumulative return in cash sums $123,690. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,310/mo property income covering a $945/mo payment, not borrower’s personal income.
Townhouse
Built in 1985
2,178 sqft lot
$N/A/sqft
$145 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32117, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,125 (100%) |
| Owner Occupied HU | 7,002 (43.4%) |
| Renter Occupied HU | 7,169 (44.5%) |
| Vacant Housing Units | 1,954 (12.1%) |
| Median Home Value | $205,882 |
| Average Home Value | $265,961 |
Housing Distribution
Address Breakdown
Residential
15,033
Single Family
10,959
Multi-Family
4,074
Businesses
1,541
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Listed by: Felicia Caruso • Lifestyle Realty Group Inc
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1204649
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.