605 Cedar AveHolly HillFL32117
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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 Holly Hill at 605 Cedar Ave, Holly Hill, FL, 32117 priced at $230,000 pairs $1,572/mo rent with $45/mo cash flow after a $1,126/mo payment. Total monthly income equals $1,572/mo, and annual cash flow comes to $545/yr on $76,245 invested. Return on cash invested is 20.62% in year one, and rental yield stands at 8.2% on a $230,000 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,545 by year five. Five-year ROI measures 107.3% and total cumulative return in cash reaches $81,811. For financing, Ziffy Mortgage’s DSCR program evaluates $1,572/mo property income against a $1,126/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2008
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32117, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,125 (100%) |
| Owner Occupied HU | 7,002 (43.4%) |
| Renter Occupied HU | 7,169 (44.5%) |
| Vacant Housing Units | 1,954 (12.1%) |
| Median Home Value | $205,882 |
| Average Home Value | $265,961 |
Housing Distribution
Address Breakdown
Residential
15,033
Single Family
10,959
Multi-Family
4,074
Businesses
1,541
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Listed by: Ashley Smith • Realty Exchange, LLC.
Mls Name: DBAMLS
Mls ID: #1219969