309 S Lanvale AveDaytona BeachFL32114
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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 309 S Lanvale Ave, Daytona Beach, FL, 32114 uses $99,119 cash to close to unlock $1,791/yr annual cash flow and $149/mo monthly cash flow. Total monthly income runs $2,133/mo, and a $1,463/mo payment keeps the spread at $149/mo. Purchase price stands at $299,000, and rental yield measures 8.56% with $2,133/mo rent. Return on cash invested shows 21.72% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 113.16% and total cumulative return in cash records $112,162. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,133/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1952
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32114, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,852 (100%) |
| Owner Occupied HU | 4,501 (26.7%) |
| Renter Occupied HU | 10,215 (60.6%) |
| Vacant Housing Units | 2,136 (12.7%) |
| Median Home Value | $234,538 |
| Average Home Value | $297,654 |
Housing Distribution
Address Breakdown
Residential
14,814
Single Family
9,431
Multi-Family
5,383
Businesses
1,756
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Listed by: Kevin Kling • 386RealEstate.com
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1208142
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.