188 Gala CirDaytona 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 188 Gala Cir, Daytona Beach, FL, 32124 priced at $379,900 converts $2,946/mo rent into $380/mo cash flow after a $1,859/mo obligation. Total monthly income equals $2,946/mo, and annual cash flow totals $4,564/yr on $125,937 invested. Return on cash invested prints 23.53% in year one, and rental yield reads 9.31% against a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation compiles into $104,959 by year five. Five-year ROI reaches 123.04% and total cumulative return in cash sums $154,949. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,946/mo property income covering a $1,859/mo payment, not borrower’s personal income.
Single Family
Built in 2000
7,095 sqft lot
$N/A/sqft
$45 monthly 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
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Listed by: Joy Pratt-Martin • LPT REALTY LLC (DAYTONA BEACH)
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #FC303721
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