170 Center StDaytona BeachFL32117
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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 170 Center St, Daytona Beach, FL, 32117 priced at $185,000 converts $1,836/mo rent into $609/mo cash flow after a $905/mo obligation. Total monthly income equals $1,836/mo, and annual cash flow totals $7,305/yr on $61,328 invested. Return on cash invested prints 31.82% in year one, and rental yield reads 11.91% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 167.32% and total cumulative return in cash sums $102,615. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,836/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1957
7,405 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: John Desmedt • All Ready Home LLC
Mls Name: DBAMLS
Mls ID: #1215551