241 Riverside Dr UNIT 1901Holly HillFL32117
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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 Holly Hill at 241 Riverside Dr UNIT 1901, Holly Hill, FL, 32117 offers a 6.21% rental yield on a $719,999 purchase with $3,724/mo rent. 56% in year one. Equity gained on principal adds $4,646/yr while 5% annual appreciation supports $198,922 over five years. Portfolio math shows five-year ROI at 39.77% and total cumulative return in cash at $94,219. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,724/mo property income against a $3,524/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2007
4.88 Acres lot
$N/A/sqft
$1,399 monthly 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: Nisha Mehta • SPECTRUM GLOBAL REALTY, INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6237808
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511