4 Oceans West Blvd APT 502BDaytona Beach ShoresFL32118
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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 Shores at 4 Oceans West Blvd APT 502B, Daytona Beach Shores, FL, 32118 uses $91,163 cash to close to unlock $10,440/yr annual cash flow and $870/mo monthly cash flow. Total monthly income runs $2,695/mo, and a $1,346/mo payment keeps the spread at $870/mo. Purchase price stands at $275,000, and rental yield measures 11.76% with $2,695/mo rent. Return on cash invested shows 31.36% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 164.9% and total cumulative return in cash records $150,323. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,695/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Condo
Built in 1994
3.88 Acres 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: Joel Parrott • EXPERT REALTY SOLUTIONS INC.
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4651166