3000 N Atlantic Ave APT 16Daytona 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 3000 N Atlantic Ave APT 16, Daytona Beach, FL, 32118 with 5% annual appreciation on a $1,349,000 basis while $4,654/mo rent supports operations. 27% in year one. Equity gained on principal adds $8,705/yr, and five-year appreciation sums $372,704 alongside rental yield of 4.14%. Five-year ROI measures 26.02% and total cumulative return in cash totals $113,715. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,654/mo property income versus a $6,603/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1981
1.82 Acres lot
$N/A/sqft
$1,203 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: Sheriff Guindi • Realty Pros Assured
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1124456
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.