2901 Atlantic Ave #PENTHOUSE 201Daytona 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
Investment property for sale in Daytona Beach at 2901 Atlantic Ave #PENTHOUSE 201, Daytona Beach, FL, 32118 earns from $3,960/mo rent with a $4,699/mo payment. Total monthly income totals $3,960/mo. ROI tracks 10.9% on current figures, and rental yield reads 4.95% at a $960,000 purchase. Equity gained on principal adds $6,195/yr, and 5% annual appreciation supports $265,230 over five years. Five-year ROI reaches 55.08% and total cumulative return in cash sums $173,973. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,960/mo property income instead of your personal income.
Condo
Built in 2005
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
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Listed by: Timothy Harper • Redfin Corporation
Mls Name: DBAMLS
Mls ID: #1221486