747 Colfax DrDaytona BeachFL32114
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
Investment Highlights
Investment property for sale in Daytona Beach at 747 Colfax Dr, Daytona Beach, FL, 32114 at $205,000 posts ROI 26.71% with $385/mo cash flow from $1,745/mo rent. Total monthly income equals $1,745/mo, and annual cash flow records $4,620/yr on $67,958 to close. Return on cash invested measures 26.71% and rental yield reads 10.21% at the current $205,000. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 by year five. Five-year ROI prints 139.86% and total cumulative return in cash totals $95,046.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,745/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
6,969 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: Kevin Luby • Ponce Inlet Realty, Inc
Mls Name: DBAMLS
Mls ID: #1220652