235 Coral Reef WayDaytona BeachFL32124
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 Daytona Beach at 235 Coral Reef Way, Daytona Beach, FL, 32124 earns $181/mo cash flow from $3,299/mo rent with a $2,300/mo payment. Total monthly income totals $3,299/mo, and annual cash flow totals $2,167/yr on $155,772 capital. ROI tracks 21.3% on current figures, and rental yield reads 8.42% at a $469,900 purchase. Equity gained on principal adds $3,032/yr, and 5% annual appreciation supports $129,825 over five years. Five-year ROI reaches 110.89% and total cumulative return in cash sums $172,742. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,299/mo property income instead of your personal income.
Single Family
Built in 2018
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32124, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,679 (100%) |
| Owner Occupied HU | 5,168 (77.4%) |
| Renter Occupied HU | 370 ( 5.5%) |
| Vacant Housing Units | 1,141 (17.1%) |
| Median Home Value | $545,550 |
| Average Home Value | $550,365 |
Housing Distribution
Address Breakdown
Residential
5,671
Single Family
5,671
Multi-Family
0
Businesses
138
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelley Sarantis • Bob Hodges and Sons Realty
Mls Name: DBAMLS
Mls ID: #1219214