488 Hang Loose WayDaytona 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
Investment property for sale in Daytona Beach at 488 Hang Loose Way, Daytona Beach, FL, 32124 at $724,900 posts ROI 10.65% with from $2,940/mo rent. Total monthly income equals $2,940/mo. Return on cash invested measures 10.65% and rental yield reads 4.87% at the current $724,900. Equity gained on principal adds $4,678/yr, and 5% annual appreciation supports $200,277 by year five. Five-year ROI prints 53.75% and total cumulative return in cash totals $128,181. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,940/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
7,405 sqft lot
$N/A/sqft
No 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: Melanie Laffer • Keller Williams Realty Florida Partners
Mls Name: DBAMLS
Mls ID: #1220422