918 Reed Canal Rd #414Daytona BeachFL32119
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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 918 Reed Canal Rd #414, Daytona Beach, FL, 32119 listed at $135,900 pairs $1,154/mo rent with a $665/mo payment to leave $252/mo cash flow. Total monthly income runs $1,154/mo, and annual cash flow reaches $3,028/yr on $45,051 cash to close. Return on cash invested measures 26.63% in year one, and rental yield registers 10.19% at a $135,900 basis. Equity gained on principal adds $877/yr, and annual property appreciation at 5% supports $37,547 by year five. Five-year ROI tracks 139.51% and total cumulative return in cash totals $62,851. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,154/mo property income relative to a $665/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32119, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,734 (100%) |
| Owner Occupied HU | 7,040 (55.3%) |
| Renter Occupied HU | 4,147 (32.6%) |
| Vacant Housing Units | 1,547 (12.1%) |
| Median Home Value | $291,027 |
| Average Home Value | $316,171 |
Housing Distribution
Address Breakdown
Residential
11,866
Single Family
7,494
Multi-Family
4,372
Businesses
739
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Listed by: Mike Bissell • Four Star Homes, Inc.
Mls Name: My State MLS
Mls ID: #11360907