188 Bermuda Petrel CtDaytona BeachFL32119
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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 188 Bermuda Petrel Ct, Daytona Beach, FL, 32119 offers $2,821/mo rent that, after a $1,334/mo payment, leaves $812/mo cash flow. Total monthly income is $2,821/mo, and annual cash flow is $9,749/yr on $90,334 cash. Return on cash invested measures 30.7% in year one, and rental yield stands at 12.42% at a $272,500 entry. Equity gained on principal adds $1,758/yr while 5% annual appreciation compounds into $75,287 by year five. Five-year ROI records 162.3% and total cumulative return in cash reaches $146,610. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,821/mo property income versus a $1,334/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1987
4,576 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32119, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,734 (100%) |
| Owner Occupied HU | 7,040 (55.3%) |
| Renter Occupied HU | 4,147 (32.6%) |
| Vacant Housing Units | 1,547 (12.1%) |
| Median Home Value | $291,027 |
| Average Home Value | $316,171 |
Housing Distribution
Address Breakdown
Residential
11,866
Single Family
7,494
Multi-Family
4,372
Businesses
739
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Listed by: Clara Spangler • FLORIDA GLOBAL INT'L REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #V4938317
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511