2212 Fluorescent WaySouth DaytonaFL32119
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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
Investment property for sale in South Daytona at 2212 Fluorescent Way, South Daytona, FL, 32119 uses $82,858 cash to close to unlock $8,888/yr annual cash flow and $741/mo monthly cash flow. Total monthly income runs $2,399/mo, and a $1,223/mo payment keeps the spread at $741/mo. Purchase price stands at $249,950, and rental yield measures 11.52% with $2,399/mo rent. Return on cash invested shows 30.64% in year one, and 5% annual appreciation builds toward $69,057 over five years. Five-year ROI reaches 160.97% and total cumulative return in cash records $133,374. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,399/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Townhouse
Built in N/A
N/A 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: Robert Kellar III • Coldwell Banker Coast Realty
Mls Name: DBAMLS
Mls ID: #1221179