219 S Atlantic Ave #108Daytona BeachFL32118
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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 $983/mo, and a $611/mo payment. Purchase price stands at $124,900, and rental yield measures 9.44% with $983/mo rent. Return on cash invested shows 11.92% in year one, and 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 65.18% and total cumulative return in cash records $26,986. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $983/mo property income covering a $611/mo payment rather than investor’s personal income.
Condo
Built in 1961
1.99 Acres lot
$N/A/sqft
$408 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: James Jestes • EXP Realty LLC
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1208046
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.