241 Riverside Dr UNIT 507Holly 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 241 Riverside Dr UNIT 507, Holly Hill, FL, 32117 listed at $249,500 pairs $3,122/mo rent with a $1,221/mo payment to leave $105/mo cash flow. Total monthly income runs $3,122/mo, and annual cash flow reaches $1,260/yr on $82,709 cash to close. Return on cash invested measures 21.43% in year one, and rental yield registers 15.02% at a $249,500 basis. Equity gained on principal adds $1,610/yr, and annual property appreciation at 5% supports $68,932 by year five. Five-year ROI tracks 118.74% and total cumulative return in cash totals $98,205. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,122/mo property income relative to a $1,221/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2007
4.88 Acres lot
$N/A/sqft
$1,181 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Moe Mossa • Savvy Avenue LLC
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1207066
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.