692 Gaslight DrSouth DaytonaFL32119
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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 South Daytona at 692 Gaslight Dr, South Daytona, FL, 32119 priced at $314,900 pairs $2,410/mo rent with $321/mo cash flow after a $1,541/mo payment. Total monthly income equals $2,410/mo, and annual cash flow comes to $3,847/yr on $104,389 invested. Return on cash invested is 23.59% in year one, and rental yield stands at 9.18% on a $314,900 basis. Equity gained on principal adds $2,032/yr, and 5% annual appreciation accumulates to $87,001 by year five. Five-year ROI measures 123.21% and total cumulative return in cash reaches $128,614. For financing, Ziffy Mortgage’s DSCR program evaluates $2,410/mo property income against a $1,541/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32119, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,734 (100%) |
| Owner Occupied HU | 7,040 (55.3%) |
| Renter Occupied HU | 4,147 (32.6%) |
| Vacant Housing Units | 1,547 (12.1%) |
| Median Home Value | $291,027 |
| Average Home Value | $316,171 |
Housing Distribution
Address Breakdown
Residential
11,866
Single Family
7,494
Multi-Family
4,372
Businesses
739
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Listed by: Rachel McGrath • Premier Sotheby's International Realty
Mls Name: DBAMLS
Mls ID: #1214566