89 Fremont Ave APT 703Daytona 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 89 Fremont Ave APT 703, Daytona Beach, FL, 32114 priced at $123,500 pairs $2,533/mo rent with $1,237/mo cash flow after a $604/mo payment. Total monthly income equals $2,533/mo, and annual cash flow comes to $14,848/yr on $40,940 invested. Return on cash invested is 56.18% in year one, and rental yield stands at 24.61% on a $123,500 basis. Equity gained on principal adds $797/yr, and 5% annual appreciation accumulates to $34,121 by year five. Five-year ROI measures 303.05% and total cumulative return in cash reaches $124,070. For financing, Ziffy Mortgage’s DSCR program evaluates $2,533/mo property income against a $604/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1986
547 sqft lot
$N/A/sqft
$420 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: Amanda Lobb • RE/MAX SIGNATURE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #V4936044
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511