639 Cherry StDaytona 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 639 Cherry St, Daytona Beach, FL, 32114 listed at $124,591 pairs $2,532/mo rent with a $610/mo payment to leave $1,693/mo cash flow. Total monthly income runs $2,532/mo, and annual cash flow reaches $20,322/yr on $41,302 cash to close. Return on cash invested measures 69.11% in year one, and rental yield registers 24.39% at a $124,591 basis. Equity gained on principal adds $804/yr, and annual property appreciation at 5% supports $34,422 by year five. Five-year ROI tracks 367.47% and total cumulative return in cash totals $151,773. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,532/mo property income relative to a $610/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1947
4,181 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: N/A • N/A
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