724 Owasso 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
Investment property for sale in Daytona Beach at 724 Owasso St, Daytona Beach, FL, 32114 uses $86,157 cash to close to unlock $1,900/yr annual cash flow and $158/mo monthly cash flow. Total monthly income runs $1,883/mo, and a $1,272/mo payment keeps the spread at $158/mo. Purchase price stands at $259,900, and rental yield measures 8.69% with $1,883/mo rent. Return on cash invested shows 22.11% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 115.29% and total cumulative return in cash records $99,334. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,883/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Single Family
Built in 2007
7,840 sqft 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: Thomas Caffrey • Realty Pros Assured
Mls Name: DBAMLS
Mls ID: #1220377