231 Riverside Dr UNIT 1507-1Holly HillFL32117
Nearby investment properties with comparable rents
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 Holly Hill at 231 Riverside Dr UNIT 1507-1, Holly Hill, FL, 32117 earns $69/mo cash flow from $3,221/mo rent with a $2,325/mo payment. Total monthly income totals $3,221/mo, and annual cash flow totals $825/yr on $157,463 capital. ROI tracks 20.43% on current figures, and rental yield reads 8.14% at a $475,000 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 over five years. Five-year ROI reaches 106.23% and total cumulative return in cash sums $167,275. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,221/mo property income instead of your personal income.
Condo
Built in 2007
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Priscilla Chanfrau • Adams, Cameron & Co., Realtors
Mls Name: DBAMLS
Mls ID: #1216269