525 Champion Ridge DrDaytona 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 525 Champion Ridge Dr, Daytona Beach, FL, 32124 priced at $377,000 converts $2,640/mo rent into $138/mo cash flow after a $1,845/mo obligation. Total monthly income equals $2,640/mo, and annual cash flow totals $1,661/yr on $124,976 invested. Return on cash invested prints 21.24% in year one, and rental yield reads 8.4% against a $377,000 entry. Equity gained on principal adds $2,433/yr, while 5% annual appreciation compiles into $104,158 by year five. Five-year ROI reaches 110.56% and total cumulative return in cash sums $138,175. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,640/mo property income covering a $1,845/mo payment, not borrower’s personal income.
Single Family
Built in 2015
6,098 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: Stefani Turco • DR Properties of Volusia County LLC
Mls Name: DBAMLS
Mls ID: #1219114