719 S Beach St APT 316BDaytona 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 719 S Beach St APT 316B, Daytona Beach, FL, 32114 offers a 12.89% rental yield on a $139,900 purchase with $1,503/mo rent. Total monthly income registers $1,503/mo, and a $685/mo payment leaves $574/mo available for distribution. Annual cash flow reaches $6,892/yr on $46,377 to close, and return on cash invested stands at 34.77% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 183.2% and total cumulative return in cash at $84,963. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,503/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
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: Clint Bagwell • Realty Pros Assured
Mls Name: DBAMLS
Mls ID: #1220712