289 Gull Dr SDaytona BeachFL32119
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
Rental property for sale in Daytona Beach at 289 Gull Dr S, Daytona Beach, FL, 32119 priced at $389,000 converts $3,116/mo rent into $534/mo cash flow after a $1,904/mo obligation. Total monthly income equals $3,116/mo, and annual cash flow totals $6,414/yr on $128,954 invested. Return on cash invested prints 24.88% in year one, and rental yield reads 9.61% against a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation compiles into $107,474 by year five. Five-year ROI reaches 130.12% and total cumulative return in cash sums $167,790. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,116/mo property income covering a $1,904/mo payment, not borrower’s personal income.
Single Family
Built in 1991
5,874 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32119, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,734 (100%) |
| Owner Occupied HU | 7,040 (55.3%) |
| Renter Occupied HU | 4,147 (32.6%) |
| Vacant Housing Units | 1,547 (12.1%) |
| Median Home Value | $291,027 |
| Average Home Value | $316,171 |
Housing Distribution
Address Breakdown
Residential
11,866
Single Family
7,494
Multi-Family
4,372
Businesses
739
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alexa Monasterio Flores • KELLER WILLIAMS ADVANTAGE 2 REALTY
Mls Name: Stellar MLS
Mls ID: #O6334671