3501 S Atlantic Ave E #G20Daytona 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 3501 S Atlantic Ave E #G20, Daytona Beach, FL, 32118 listed at $127,000 pairs $1,024/mo rent with a $622/mo payment. Total monthly income runs $1,024/mo. Return on cash invested measures 3.2% in year one, and rental yield registers 9.68% at a $127,000 basis. Equity gained on principal adds $820/yr, and annual property appreciation at 5% supports $35,088 by year five. Five-year ROI tracks 21.77% and total cumulative return in cash totals $9,165. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,024/mo property income relative to a $622/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1973
1.28 Acres lot
$N/A/sqft
$767 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: Richard Merlino • Liberty Group Realty, Inc.
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1205788
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.