416 Margie LnDaytona BeachFL32114
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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 416 Margie Ln, Daytona Beach, FL, 32114 priced at $249,800 converts $1,686/mo rent into $28/mo cash flow after a $1,223/mo obligation. Total monthly income equals $1,686/mo, and annual cash flow totals $335/yr on $82,809 invested. Return on cash invested prints 20.31% in year one, and rental yield reads 8.1% against a $249,800 entry. Equity gained on principal adds $1,612/yr, while 5% annual appreciation compiles into $69,015 by year five. Five-year ROI reaches 105.59% and total cumulative return in cash sums $87,439. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,686/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Single Family
Built in 1963
6,534 sqft 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
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Listed by: Lancelot Lenard • Florida Homes Realty & Mortgage
Mls Name: DBAMLS
Mls ID: #1217875