1601 Big Tree Rd APT 307Daytona BeachFL32119
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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 1601 Big Tree Rd APT 307, Daytona Beach, FL, 32119 generates $1,251/mo in rent and, after a $771/mo payment, leaves $206/mo in cash flow. Total monthly income is $1,251/mo, and annual cash flow is $2,468/yr on $52,211 invested. Return on cash invested sits at 24.64% in year one, and rental yield is 9.53% on a $157,500 entry. Equity gained on principal adds $1,016/yr, while 5% annual appreciation builds toward $43,514 over five years. Five-year ROI reaches 128.82% and total cumulative return in cash sums $67,257. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,251/mo property income rather than buyer’s personal income.
Condo
Built in 1991
8.15 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: Leisa Reed • ADAMS, CAMERON & CO., REALTORS
Mls Name: Stellar MLS
Mls ID: #V4944139