356 Ferndale AveSouth DaytonaFL32119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 South Daytona at 356 Ferndale Ave, South Daytona, FL, 32119 with 5% annual appreciation on a $190,000 basis while $1,455/mo rent supports operations. Total monthly income totals $1,455/mo and a $930/mo payment preserves $194/mo for cash returns. Annual cash flow comes to $2,329/yr on $62,985 deployed, and return on cash invested reaches 23.61% in year one. Equity gained on principal adds $1,226/yr, and five-year appreciation sums $52,494 alongside rental yield of 9.19%. Five-year ROI measures 123.34% and total cumulative return in cash totals $77,688.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,455/mo property income versus a $930/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1926
9,147 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Don Bell • RE/MAX Signature
Mls Name: DBAMLS
Mls ID: #1215972