940 Boulder DrSouth DaytonaFL32119
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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 South Daytona at 940 Boulder Dr, South Daytona, FL, 32119 generates $1,914/mo in rent and, after a $1,028/mo payment, leaves $520/mo in cash flow. Total monthly income is $1,914/mo, and annual cash flow is $6,243/yr on $69,615 invested. Return on cash invested sits at 28.88% in year one, and rental yield is 10.94% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 151.56% and total cumulative return in cash sums $105,508. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,914/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
4,356 sqft 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: Kimberly Sbordone Tomlinson • RE/MAX Signature
Mls Name: DBAMLS
Mls ID: #1214196