4651 S Atlantic Ave #7060Ponce InletFL32127
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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 Ponce Inlet at 4651 S Atlantic Ave #7060, Ponce Inlet, FL, 32127 generates $5,278/mo in rent, after a $4,058/mo payment. Total monthly income is $5,278/mo. Return on cash invested sits at 11.45% in year one, and rental yield is 7.64% on a $829,000 entry. Equity gained on principal adds $5,349/yr, while 5% annual appreciation builds toward $229,037 over five years. Five-year ROI reaches 60.8% and total cumulative return in cash sums $165,820. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,278/mo property income rather than buyer’s personal income.
Condo
Built in 1998
1.89 Acres lot
$N/A/sqft
$1,406 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32127, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,242 (100%) |
| Owner Occupied HU | 10,812 (66.6%) |
| Renter Occupied HU | 2,635 (16.2%) |
| Vacant Housing Units | 2,795 (17.2%) |
| Median Home Value | $378,337 |
| Average Home Value | $408,009 |
Housing Distribution
Address Breakdown
Residential
15,714
Single Family
11,907
Multi-Family
3,807
Businesses
874
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Listed by: Michael Gagliardi • RE/MAX SIGNATURE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #NS1084631
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511