476 Tropics AveDaytona BeachFL32124
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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 476 Tropics Ave, Daytona Beach, FL, 32124 priced at $709,900 pairs $5,392/mo rent with $365/mo cash flow after a $3,475/mo payment. Total monthly income equals $5,392/mo, and annual cash flow comes to $4,375/yr on $233,557 invested. Return on cash invested is 21.93% in year one, and rental yield stands at 9.11% on a $709,900 basis. Equity gained on principal adds $4,581/yr, and 5% annual appreciation accumulates to $196,132 by year five. Five-year ROI measures 114.84% and total cumulative return in cash reaches $268,228. For financing, Ziffy Mortgage’s DSCR program evaluates $5,392/mo property income against a $3,475/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
7,405 sqft lot
$N/A/sqft
$316 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32124, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,679 (100%) |
| Owner Occupied HU | 5,168 (77.4%) |
| Renter Occupied HU | 370 ( 5.5%) |
| Vacant Housing Units | 1,141 (17.1%) |
| Median Home Value | $545,550 |
| Average Home Value | $550,365 |
Housing Distribution
Address Breakdown
Residential
5,671
Single Family
5,671
Multi-Family
0
Businesses
138
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Listed by: Kelley Sarantis • Bob Hodges and Sons Realty
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1123520
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.