3 Oceans West Blvd APT 4B6Daytona 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
Rental property for sale in Daytona Beach Shores at 3 Oceans West Blvd APT 4B6, Daytona Beach Shores, FL, 32118 offers $3,592/mo rent that, after a $1,957/mo payment, leaves $939/mo cash flow. Total monthly income is $3,592/mo, and annual cash flow is $11,262/yr on $132,567 cash. Return on cash invested measures 28.4% in year one, and rental yield stands at 10.78% at a $399,900 entry. Equity gained on principal adds $2,580/yr while 5% annual appreciation compounds into $110,485 by year five. Five-year ROI records 149% and total cumulative return in cash reaches $197,528. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,592/mo property income versus a $1,957/mo payment rather than borrower’s personal income verification through W2s, Salary slips, 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: Bill Navarra • Realty Pros Assured
Mls Name: DBAMLS
Mls ID: #1217808