404 S Beach St APT 1201Daytona BeachFL32114
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
Total monthly income runs $2,719/mo, and a $2,912/mo payment. Purchase price stands at $595,000, and rental yield measures 5.48% with $2,719/mo rent. Return on cash invested shows 12.52% in year one, and 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 63.8% and total cumulative return in cash records $124,898. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,719/mo property income covering a $2,912/mo payment rather than investor’s personal income.
Condo
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32114, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,852 (100%) |
| Owner Occupied HU | 4,501 (26.7%) |
| Renter Occupied HU | 10,215 (60.6%) |
| Vacant Housing Units | 2,136 (12.7%) |
| Median Home Value | $234,538 |
| Average Home Value | $297,654 |
Housing Distribution
Address Breakdown
Residential
14,814
Single Family
9,431
Multi-Family
5,383
Businesses
1,756
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: McKenzie Martin • Oceans Luxury Realty Full Service LLC
Mls Name: DBAMLS
Mls ID: #1222350