313 S Atlantic Ave #409Daytona 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 313 S Atlantic Ave #409, Daytona Beach, FL, 32118 with 5% annual appreciation on a $132,900 basis while $1,040/mo rent supports operations. Total monthly income totals $1,040/mo and a $650/mo payment preserves $159/mo for cash returns. Annual cash flow comes to $1,902/yr on $44,056 deployed, and return on cash invested reaches 24.23% in year one. Equity gained on principal adds $858/yr, and five-year appreciation sums $36,718 alongside rental yield of 9.39%. Five-year ROI measures 126.6% and total cumulative return in cash totals $55,777.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,040/mo property income versus a $650/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1973
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: Kevin Schwoch • EXIT Beach Realty
Mls Name: DBAMLS
Mls ID: #1221378