630 S Palmetto AveDaytona 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 630 S Palmetto Ave, Daytona Beach, FL, 32114 at $585,000 posts ROI 20.86% with $128/mo cash flow from $4,010/mo rent. Total monthly income equals $4,010/mo, and annual cash flow records $1,537/yr on $192,465 to close. Return on cash invested measures 20.86% and rental yield reads 8.23% at the current $585,000. Equity gained on principal adds $3,775/yr, and 5% annual appreciation supports $161,625 by year five. Five-year ROI prints 108.52% and total cumulative return in cash totals $208,854.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,010/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1982
7,840 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: Cliff Glansen • FlatFee.com
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1203792
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.