421 N Frederick AveDaytona 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 421 N Frederick Ave, Daytona Beach, FL, 32114 priced at $325,000 converts $2,337/mo rent into $180/mo cash flow after a $1,591/mo obligation. Total monthly income equals $2,337/mo, and annual cash flow totals $2,160/yr on $107,738 invested. Return on cash invested prints 21.91% in year one, and rental yield reads 8.63% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 114.17% and total cumulative return in cash sums $123,001. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,337/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Single Family
Built in 1965
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
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Listed by: Monique Miller • Oceans Luxury Realty Full Service LLC
Mls Name: DBAMLS
Mls ID: #1219137