178 Lee 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
Investment property for sale in Daytona Beach at 178 Lee St, Daytona Beach, FL, 32117 with 5% annual appreciation on a $259,990 basis while $1,796/mo rent supports operations. Total monthly income totals $1,796/mo and a $1,273/mo payment preserves $70/mo for cash returns. Annual cash flow comes to $842/yr on $86,187 deployed, and return on cash invested reaches 20.89% in year one. Equity gained on principal adds $1,678/yr, and five-year appreciation sums $71,830 alongside rental yield of 8.29%. Five-year ROI measures 108.72% and total cumulative return in cash totals $93,698.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,796/mo property income versus a $1,273/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
6,615 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: Carissa Mazzella Di Bosco • LOKATION
Mls Name: Stellar MLS
Mls ID: #TB8427977