2250 S Palmetto Ave APT H21Daytona BeachFL32119
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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 Daytona Beach at 2250 S Palmetto Ave APT H21, Daytona Beach, FL, 32119 with 5% annual appreciation on a $149,000 basis while $2,276/mo rent supports operations. Total monthly income totals $2,276/mo and a $729/mo payment preserves $887/mo for cash returns. Annual cash flow comes to $10,650/yr on $49,394 deployed, and return on cash invested reaches 41.47% in year one. Equity gained on principal adds $961/yr, and five-year appreciation sums $41,166 alongside rental yield of 18.33%. Five-year ROI measures 222.62% and total cumulative return in cash totals $109,960.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,276/mo property income versus a $729/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1973
1.71 Acres lot
$N/A/sqft
$400 monthly 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: Terri Wilkinson • Realty Pros Assured
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1119973
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.