721 S Beach StDaytona 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
Rental property for sale in Daytona Beach at 721 S Beach St, Daytona Beach, FL, 32114 offers $2,135/mo rent that, after a $1,167/mo payment. Total monthly income is $2,135/mo. Return on cash invested measures 18.04% in year one, and rental yield stands at 10.74% at a $238,500 entry. Equity gained on principal adds $1,539/yr while 5% annual appreciation compounds into $65,893 by year five. Five-year ROI records 97.12% and total cumulative return in cash reaches $76,787. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,135/mo property income versus a $1,167/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
$676 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
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Listed by: Devon Hoffman • Local Living Realty Group
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1212405
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.