2700 ATLANTIC Avenue #207Daytona BeachFL32118
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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
Rental property for sale in Daytona Beach at 2700 ATLANTIC Avenue #207, Daytona Beach, FL, 32118 generates $1,394/mo in rent, after a $866/mo payment. Total monthly income is $1,394/mo. Return on cash invested sits at 6.62% in year one, and rental yield is 9.45% on a $177,000 entry. Equity gained on principal adds $1,142/yr, while 5% annual appreciation builds toward $48,902 over five years. Five-year ROI reaches 38.69% and total cumulative return in cash sums $22,703. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,394/mo property income rather than buyer’s personal income.
Condo
Built in 1971
0.44 Acres lot
$N/A/sqft
$750 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32118, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,767 (100%) |
| Owner Occupied HU | 6,250 (37.3%) |
| Renter Occupied HU | 3,691 (22.0%) |
| Vacant Housing Units | 6,826 (40.7%) |
| Median Home Value | $464,885 |
| Average Home Value | $518,462 |
Housing Distribution
Address Breakdown
Residential
11,503
Single Family
5,484
Multi-Family
6,019
Businesses
754
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Listed by: TAYLOR WHITE • KELLER WILLIAMS FIRST COAST REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2101366
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. Data is deemed reliable but is not guaranteed accurate by realMLS.