1613 Ridge AveHolly 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
Investment property for sale in Holly Hill at 1613 Ridge Ave, Holly Hill, FL, 32117 listed at $187,500 pairs $1,459/mo rent with a $918/mo payment to leave $214/mo cash flow. Total monthly income runs $1,459/mo, and annual cash flow reaches $2,573/yr on $62,156 cash to close. Return on cash invested measures 24.05% in year one, and rental yield registers 9.34% at a $187,500 basis. Equity gained on principal adds $1,210/yr, and annual property appreciation at 5% supports $51,803 by year five. Five-year ROI tracks 125.68% and total cumulative return in cash totals $78,115. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,459/mo property income relative to a $918/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
0.49 Acres lot
$N/A/sqft
No 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: Joseph Carini • Florida Oceanside Realty Inc
Mls Name: DBAMLS
Mls ID: #1222158