719 S Beach St #2140Daytona BeachFL32114
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.74 makes 719 S Beach St #2140, Daytona Beach, FL, 32114 in Daytona Beach one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 9.39%. The 9.39% yield, 5% annual appreciation ($30,115 over five years), and $1,004/yr in principal reduction project a total cumulative return of $3,213.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.0% |
| Monthly Cash Flow | $(649) | $200 |
City averages based on Daytona Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $853 |
| Total Monthly Debt Service | $1,459 |
| DSCR Ratio | 0.58x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1973
9.51 Acres lot
$N/A/sqft
$715 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1973
9.51 Acres lot
$N/A/sqft
$715 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Niki Eaton • Southern States Realty Services
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1206006
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.