Nevis Plan, Latitude Margaritaville Daytona BeachDaytona BeachFL32124
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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 Nevis Plan, Latitude Margaritaville Daytona Beach, Daytona Beach, FL, 32124 priced at $364,290 converts $3,316/mo rent into $899/mo cash flow after a $1,783/mo obligation. Total monthly income equals $3,316/mo, and annual cash flow totals $10,782/yr on $120,762 invested. Return on cash invested prints 28.84% in year one, and rental yield reads 10.92% against a $364,290 entry. Equity gained on principal adds $2,351/yr, while 5% annual appreciation compiles into $100,647 by year five. Five-year ROI reaches 151.32% and total cumulative return in cash sums $182,736. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,316/mo property income covering a $1,783/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32124, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,679 (100%) |
| Owner Occupied HU | 5,168 (77.4%) |
| Renter Occupied HU | 370 ( 5.5%) |
| Vacant Housing Units | 1,141 (17.1%) |
| Median Home Value | $545,550 |
| Average Home Value | $550,365 |
Housing Distribution
Address Breakdown
Residential
5,671
Single Family
5,671
Multi-Family
0
Businesses
138
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Listed by: N/A • Minto Communities
Mls Name: Minto Communities
Mls Provider:
Mls ID: #N/A