664 8th StDaytona BeachFL32117
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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 664 8th St, Daytona Beach, FL, 32117 uses $72,897 cash to close to unlock $3,972/yr annual cash flow and $331/mo monthly cash flow. Total monthly income runs $1,790/mo, and a $1,076/mo payment keeps the spread at $331/mo. Purchase price stands at $219,900, and rental yield measures 9.77% with $1,790/mo rent. Return on cash invested shows 25.36% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 132.72% and total cumulative return in cash records $96,748. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,790/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Single Family
Built in 1960
9,100 sqft 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: Tim Creson • MARK SPAIN REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #O6362461