1601 Big Tree Rd APT 406Daytona BeachFL32119
Nearby investment properties with comparable rents
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
Investment property for sale in Daytona Beach at 1601 Big Tree Rd APT 406, Daytona Beach, FL, 32119 uses $39,747 cash to close to unlock $8,312/yr annual cash flow and $693/mo monthly cash flow. Total monthly income runs $1,973/mo, and a $587/mo payment keeps the spread at $693/mo. Purchase price stands at $119,900, and rental yield measures 19.75% with $1,973/mo rent. Return on cash invested shows 40.82% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 220.94% and total cumulative return in cash records $87,816. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,973/mo property income covering a $587/mo payment rather than investor’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
$410 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Judith McHugh • Adams, Cameron & Co., Realtors
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1123478
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.