701 S Palmetto Ave #705Daytona 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 701 S Palmetto Ave #705, Daytona Beach, FL, 32114 earns $53/mo cash flow from $1,540/mo rent with a $1,097/mo payment. Total monthly income totals $1,540/mo, and annual cash flow totals $632/yr on $74,289 capital. ROI tracks 20.76% on current figures, and rental yield reads 8.25% at a $224,100 purchase. Equity gained on principal adds $1,446/yr, and 5% annual appreciation supports $61,915 over five years. Five-year ROI reaches 108% and total cumulative return in cash sums $80,234. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,540/mo property income instead of your personal income.
Home Type Unknown
Built in N/A
N/A 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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