2900 N Atlantic Ave APT 2002Daytona 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 2900 N Atlantic Ave APT 2002, Daytona Beach, FL, 32118 generates $3,421/mo in rent, after a $2,937/mo payment. Total monthly income is $3,421/mo. Return on cash invested sits at 9.24% in year one, and rental yield is 6.84% on a $599,990 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation builds toward $165,766 over five years. Five-year ROI reaches 48.87% and total cumulative return in cash sums $96,465. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,421/mo property income rather than buyer’s personal income.
Condo
Built in 1974
2.12 Acres lot
$N/A/sqft
$1,049 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: Kathy O'Connor • LoKation
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1208228
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.