840 Center Ave APT 75Daytona BeachFL32117
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis is a cash-flow-light asset: 840 Center Ave APT 75, Daytona Beach, FL, 32117 in Daytona Beach, $126,000, 11.96% gross yield, $70/mo net income. Consider it a market-entry position, the $1,256/mo rent covers the $567/mo payment with a margin, and 5%/yr appreciation is projected to add $34,811 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 2.22) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $54,035.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 6.0% |
| Monthly Cash Flow | $70 | $200 |
City averages based on Daytona Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,256 |
| Total Monthly Debt Service | $1,136 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1984
4 Acres lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32117, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,125 (100%) |
| Owner Occupied HU | 7,002 (43.4%) |
| Renter Occupied HU | 7,169 (44.5%) |
| Vacant Housing Units | 1,954 (12.1%) |
| Median Home Value | $205,882 |
| Average Home Value | $265,961 |
Housing Distribution
Address Breakdown
Residential
15,033
Single Family
10,959
Multi-Family
4,074
Businesses
1,541
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
Condo
Built in 1984
4 Acres lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32117, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,125 (100%) |
| Owner Occupied HU | 7,002 (43.4%) |
| Renter Occupied HU | 7,169 (44.5%) |
| Vacant Housing Units | 1,954 (12.1%) |
| Median Home Value | $205,882 |
| Average Home Value | $265,961 |
Housing Distribution
Address Breakdown
Residential
15,033
Single Family
10,959
Multi-Family
4,074
Businesses
1,541
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trenner Tompkins • Fun Coast Real Estate LLC
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1216886
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.