168 Ocean Hammock LoopDaytona BeachFL32124
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
Rental property for sale in Daytona Beach at 168 Ocean Hammock Loop, Daytona Beach, FL, 32124 priced at $435,000 converts $3,010/mo rent into $123/mo cash flow after a $2,129/mo obligation. Total monthly income equals $3,010/mo, and annual cash flow totals $1,480/yr on $144,203 invested. Return on cash invested prints 20.94% in year one, and rental yield reads 8.3% against a $435,000 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation compiles into $120,182 by year five. Five-year ROI reaches 108.94% and total cumulative return in cash sums $157,092. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,010/mo property income covering a $2,129/mo payment, not borrower’s personal income.
Townhouse
Built in 2023
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32124, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,679 (100%) |
| Owner Occupied HU | 5,168 (77.4%) |
| Renter Occupied HU | 370 ( 5.5%) |
| Vacant Housing Units | 1,141 (17.1%) |
| Median Home Value | $545,550 |
| Average Home Value | $550,365 |
Housing Distribution
Address Breakdown
Residential
5,671
Single Family
5,671
Multi-Family
0
Businesses
138
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bill Lowe • Coldwell Banker Premier Properties
Mls Name: DBAMLS
Mls ID: #1222080