241 Riverside Dr UNIT 106Holly 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
Total monthly income runs $3,146/mo, and a $2,570/mo payment. Purchase price stands at $525,000, and rental yield measures 7.19% with $3,146/mo rent. Return on cash invested shows 17.71% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 91.61% and total cumulative return in cash records $158,229. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,146/mo property income covering a $2,570/mo payment rather than investor’s 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: Marilyn Amato • Gaff's Realty Company
Mls Name: DBAMLS
Mls ID: #1221618