800 N Atlantic AveDaytona BeachFL32118
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
Rental property for sale in Daytona Beach at 800 N Atlantic Ave, Daytona Beach, FL, 32118 offers $902/mo rent that, after a $587/mo payment, leaves $106/mo cash flow. Total monthly income is $902/mo, and annual cash flow is $1,272/yr on $39,780 cash. Return on cash invested measures 23.11% in year one, and rental yield stands at 9.02% at a $120,000 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,154 by year five. Five-year ROI records 120.56% and total cumulative return in cash reaches $47,959. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $902/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32118, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,767 (100%) |
| Owner Occupied HU | 6,250 (37.3%) |
| Renter Occupied HU | 3,691 (22.0%) |
| Vacant Housing Units | 6,826 (40.7%) |
| Median Home Value | $464,885 |
| Average Home Value | $518,462 |
Housing Distribution
Address Breakdown
Residential
11,503
Single Family
5,484
Multi-Family
6,019
Businesses
754
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Listed by: Bill Cullen • Adams, Cameron & Co., Realtors
Mls Name: DBAMLS
Mls ID: #1219982