460 S Caroline StDaytona 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 460 S Caroline St, Daytona Beach, FL, 32114 priced at $220,000 pairs $1,801/mo rent with $341/mo cash flow after a $1,077/mo payment. Total monthly income equals $1,801/mo, and annual cash flow comes to $4,090/yr on $72,930 invested. Return on cash invested is 25.52% in year one, and rental yield stands at 9.82% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 133.51% and total cumulative return in cash reaches $97,367. For financing, Ziffy Mortgage’s DSCR program evaluates $1,801/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1966
4,791 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: Jim Tobin • Best Way Realty of Volusia LLC
Mls Name: DBAMLS
Mls ID: #1221578