224 Reena DrDaytona BeachFL32117
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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
Rental property for sale in Daytona Beach at 224 Reena Dr, Daytona Beach, FL, 32117 priced at $320,000 pairs $2,678/mo rent with $555/mo cash flow after a $1,566/mo payment. Total monthly income equals $2,678/mo, and annual cash flow comes to $6,656/yr on $106,080 invested. Return on cash invested is 26.18% in year one, and rental yield stands at 10.04% on a $320,000 basis. Equity gained on principal adds $2,065/yr, and 5% annual appreciation accumulates to $88,410 by year five. Five-year ROI measures 137.08% and total cumulative return in cash reaches $145,419. For financing, Ziffy Mortgage’s DSCR program evaluates $2,678/mo property income against a $1,566/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2023
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32117, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,125 (100%) |
| Owner Occupied HU | 7,002 (43.4%) |
| Renter Occupied HU | 7,169 (44.5%) |
| Vacant Housing Units | 1,954 (12.1%) |
| Median Home Value | $205,882 |
| Average Home Value | $265,961 |
Housing Distribution
Address Breakdown
Residential
15,033
Single Family
10,959
Multi-Family
4,074
Businesses
1,541
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Listed by: Kathleen Craig • RE/MAX Signature
Mls Name: DBAMLS
Mls ID: #1218293