317 Fairfax DrDaytona BeachFL32119
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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 at 317 Fairfax Dr, Daytona Beach, FL, 32119 offers $2,599/mo rent that, after a $1,835/mo payment, leaves $82/mo cash flow. Total monthly income is $2,599/mo, and annual cash flow is $984/yr on $124,313 cash. Return on cash invested measures 20.7% in year one, and rental yield stands at 8.32% at a $375,000 entry. Equity gained on principal adds $2,420/yr while 5% annual appreciation compounds into $103,606 by year five. Five-year ROI records 107.81% and total cumulative return in cash reaches $134,019. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,599/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
9,583 sqft lot
$N/A/sqft
$211 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32119, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,734 (100%) |
| Owner Occupied HU | 7,040 (55.3%) |
| Renter Occupied HU | 4,147 (32.6%) |
| Vacant Housing Units | 1,547 (12.1%) |
| Median Home Value | $291,027 |
| Average Home Value | $316,171 |
Housing Distribution
Address Breakdown
Residential
11,866
Single Family
7,494
Multi-Family
4,372
Businesses
739
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Listed by: Diana Pendleton • RE/MAX Signature
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1218576
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.