22 Cherrywood CtSouth DaytonaFL32119
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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 South Daytona at 22 Cherrywood Ct, South Daytona, FL, 32119 earns $164/mo cash flow from $1,053/mo rent with a $656/mo payment. Total monthly income totals $1,053/mo, and annual cash flow totals $1,963/yr on $44,421 capital. ROI tracks 24.33% on current figures, and rental yield reads 9.43% at a $134,000 purchase. Equity gained on principal adds $865/yr, and 5% annual appreciation supports $37,022 over five years. Five-year ROI reaches 127.15% and total cumulative return in cash sums $56,483. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,053/mo property income instead of your personal income.
Manufactured
Built in 1973
3,920 sqft lot
$N/A/sqft
No 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: Judy Visnic • Keller Williams Realty Florida Partners
Mls Name: DBAMLS
Mls ID: #1218694