557 Berkshire RdDaytona 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
Investment property for sale in Daytona Beach at 557 Berkshire Rd, Daytona Beach, FL, 32114 uses $82,875 cash to close to unlock $1,903/yr annual cash flow and $159/mo monthly cash flow. Total monthly income runs $1,818/mo, and a $1,224/mo payment keeps the spread at $159/mo. Purchase price stands at $250,000, and rental yield measures 8.73% with $1,818/mo rent. Return on cash invested shows 22.21% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 115.76% and total cumulative return in cash records $95,938. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,818/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1961
6,969 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: Justin Slavin • RE/MAX Signature
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1212262
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.