2711 N Halifax Ave APT 370Daytona BeachFL32118
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 2711 N Halifax Ave APT 370, Daytona Beach, FL, 32118 listed at $138,900 pairs $1,351/mo rent with a $680/mo payment to leave $429/mo cash flow. Total monthly income runs $1,351/mo, and annual cash flow reaches $5,149/yr on $46,045 cash to close. Return on cash invested measures 31.09% in year one, and rental yield registers 11.67% at a $138,900 basis. Equity gained on principal adds $896/yr, and annual property appreciation at 5% supports $38,376 by year five. Five-year ROI tracks 163.48% and total cumulative return in cash totals $75,277. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,351/mo property income relative to a $680/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1977
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alice Cooper LLC • Adams, Cameron & Co., Realtors
Mls Name: DBAMLS
Mls ID: #1221437