1620 Espanola Ave APT DHolly 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 1620 Espanola Ave APT D, Holly Hill, FL, 32117 offers a 22.54% rental yield on a $115,000 purchase with $2,160/mo rent. Total monthly income registers $2,160/mo, and a $563/mo payment leaves $1,397/mo available for distribution. Annual cash flow reaches $16,761/yr on $38,123 to close, and return on cash invested stands at 63.87% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 339.26% and total cumulative return in cash at $129,333. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,160/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1981
2,613 sqft 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: Amaya Albury • Oceans Luxury Realty Full Service LLC
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1214343
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.