3 Oceans West Blvd APT 2C3Daytona Beach ShoresFL32118
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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 Shores at 3 Oceans West Blvd APT 2C3, Daytona Beach Shores, FL, 32118 at $254,900 posts ROI 21.83% with $135/mo cash flow from $1,827/mo rent. Total monthly income equals $1,827/mo, and annual cash flow records $1,621/yr on $84,499 to close. Return on cash invested measures 21.83% and rental yield reads 8.6% at the current $254,900. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,424 by year five. Five-year ROI prints 113.78% and total cumulative return in cash totals $96,144.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,827/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1991
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: Shannon FitzPatrick • RE/MAX Signature
Mls Name: DBAMLS
Mls ID: #1220411