2043 S Atlantic Ave #406Daytona Beach ShoresFL32118
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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
Total monthly income runs $963/mo, and a $661/mo payment. Purchase price stands at $135,000, and rental yield measures 8.56% with $963/mo rent. Return on cash invested shows 8.03% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 44.7% and total cumulative return in cash records $20,005. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $963/mo property income covering a $661/mo payment rather than investor’s personal income.
Condo
Built in 1960
2.20 Acres lot
$N/A/sqft
$510 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32118, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,767 (100%) |
| Owner Occupied HU | 6,250 (37.3%) |
| Renter Occupied HU | 3,691 (22.0%) |
| Vacant Housing Units | 6,826 (40.7%) |
| Median Home Value | $464,885 |
| Average Home Value | $518,462 |
Housing Distribution
Address Breakdown
Residential
11,503
Single Family
5,484
Multi-Family
6,019
Businesses
754
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Listed by: Ghada Akil Hartley • Heritage Realty Associates
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1212465
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.