For real estate investors, understanding cash on cash return (COC) is crucial to maximizing profits and minimizing risks. In Daytona Beach, the market is brimming with opportunities that boast impressive COC figures. For instance, a manufactured home recently listed at just $15,000 offers a staggering 830% cash on cash return, while another property priced at $140,000 still delivers a solid 63.1% return. These compelling data points highlight the potential for lucrative investments in this vibrant city.
This article will delve into the most attractive real estate deals in Daytona Beach, focusing on properties with high cash on cash returns and other key financial metrics. By analyzing these deals, investors can uncover valuable insights that will guide them toward making informed investment decisions.
Understanding which data points matter most—such as price, rent, and net operating income (NOI)—is essential for investors looking to navigate the competitive landscape of real estate. With the right information, you can identify opportunities that not only promise strong returns but also align with your investment strategy.
Did you know that Daytona Beach is home to one of the fastest-growing real estate markets in Florida? With its beautiful beaches and thriving tourism, the area continues to attract both investors and residents alike.
| View Property | Location | Type | Cash on Cash | Price | Rent | Total Payment | NOI | Cap Rate | Cash Flow | GRM | DSCR | P&I | Tax | HOA Fees | Insurance |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sign up for a free account to view this property's address and details. | Ormond Beach, FL | Manufactured | 830.0% | $15,000 | $2,165 | $90 | $2,160 | 172.8% | $2,075 | 0.6 | 28.4 | $76 | $9 | $0 | $5 |
| Sign up for a free account to view this property's address and details. | Pt Orange, FL | Manufactured | 63.1% | $140,000 | $2,311 | $838 | $2,269 | 19.4% | $1,473 | 5.0 | 3.2 | $711 | $85 | $0 | $42 |
| Sign up for a free account to view this property's address and details. | Ormond Beach, FL | Manufactured | 33.7% | $189,900 | $2,205 | $1,137 | $2,148 | 13.6% | $1,068 | 7.2 | 2.2 | $964 | $116 | $0 | $57 |
| Sign up for a free account to view this property's address and details. | Port Orange, FL | Single Family | 20.6% | $250,000 | $2,343 | $1,486 | $2,268 | 10.9% | $857 | 8.9 | 1.8 | $1,259 | $152 | $0 | $75 |
| Sign up for a free account to view this property's address and details. | Daytona Beach, FL | Single Family | 19.9% | $175,000 | $1,628 | $1,048 | $1,575 | 10.8% | $580 | 9.0 | 1.8 | $889 | $106 | $0 | $53 |
| Sign up for a free account to view this property's address and details. | Port Orange, FL | Townhouse | 17.1% | $249,900 | $2,484 | $1,773 | $2,132 | 10.2% | $711 | 8.4 | 1.7 | $1,269 | $152 | $277 | $75 |
| Sign up for a free account to view this property's address and details. | Daytona Beach, FL | Single Family | 14.0% | $300,000 | $2,582 | $1,883 | $2,393 | 9.6% | $699 | 9.7 | 1.6 | $1,511 | $183 | $99 | $90 |
| Sign up for a free account to view this property's address and details. | Ormond Beach, FL | Single Family | 11.5% | $234,000 | $1,999 | $1,550 | $1,779 | 9.1% | $449 | 9.8 | 1.5 | $1,188 | $142 | $150 | $70 |
| 535 Madison Ave, Daytona Beach, FL 32114 | Daytona Beach, FL | Single Family | 10.1% | $309,900 | $2,365 | $1,843 | $2,272 | 8.8% | $522 | 10.9 | 1.5 | $1,561 | $189 | $0 | $93 |
| 752 Colfax Dr, Daytona Beach, FL 32114 | Daytona Beach, FL | Single Family | 8.9% | $259,990 | $1,929 | $1,545 | $1,851 | 8.5% | $384 | 11.2 | 1.4 | $1,309 | $158 | $0 | $78 |
| 171 Fox Glen Ct, Ormond Beach, FL 32174 | Ormond Beach, FL | Single Family | 7.8% | $309,000 | $2,320 | $1,918 | $2,144 | 8.3% | $402 | 11.1 | 1.4 | $1,554 | $188 | $83 | $93 |
| 40 Lake Walden Trl, Ormond Beach, FL 32174 | Ormond Beach, FL | Single Family | 5.1% | $399,000 | $2,779 | $2,442 | $2,587 | 7.8% | $337 | 12.0 | 1.3 | $2,007 | $243 | $72 | $120 |
| 6 Pheasant Ln, Ormond Beach, FL 32174 | Ormond Beach, FL | Single Family | 4.8% | $384,900 | $2,656 | $2,345 | $2,483 | 7.7% | $311 | 12.1 | 1.3 | $1,938 | $234 | $58 | $115 |
| 25 Winding Woods Trl, Ormond Beach, FL 32174 | Ormond Beach, FL | Single Family | 3.9% | $360,000 | $2,394 | $2,159 | $2,267 | 7.6% | $235 | 12.5 | 1.3 | $1,813 | $219 | $19 | $108 |
| 779 E Victoria Cir, Ormond Beach, FL 32174 | Ormond Beach, FL | Single Family | 0.3% | $349,900 | $2,104 | $2,086 | $1,991 | 6.8% | $18 | 13.9 | 1.1 | $1,760 | $213 | $8 | $105 |
| 2 Hunt Master Ct, Ormond Beach, FL 32174 | Ormond Beach, FL | Single Family | -0.1% | $485,000 | $2,948 | $2,958 | $2,725 | 6.7% | -$10 | 13.7 | 1.1 | $2,440 | $295 | $77 | $146 |
| 125 Links Terrace Blvd, Daytona Beach, FL 32124 | Daytona Beach, FL | Single Family | -0.2% | $435,000 | $2,688 | $2,699 | $2,444 | 6.7% | -$11 | 13.5 | 1.1 | $2,190 | $265 | $113 | $131 |
| 173 Nature Trl, Ormond Beach, FL 32174 | Ormond Beach, FL | Single Family | -0.3% | $329,900 | $2,160 | $2,178 | $1,844 | 6.7% | -$18 | 12.7 | 1.1 | $1,661 | $201 | $217 | $99 |
| 956 Tall Pine Dr, Port Orange, FL 32127 | Port Orange, FL | Single Family | -0.4% | $389,000 | $2,288 | $2,313 | $2,171 | 6.7% | -$25 | 14.2 | 1.1 | $1,959 | $237 | $0 | $117 |
| 460 Sea Duck Dr, Daytona Beach, FL 32119 | Daytona Beach, FL | Single Family | -1.4% | $531,300 | $3,112 | $3,232 | $2,878 | 6.5% | -$120 | 14.2 | 1.1 | $2,675 | $323 | $75 | $159 |
| 4619 Barnacle Dr, Port Orange, FL 32127 | Port Orange, FL | Single Family | -1.7% | $319,900 | $1,831 | $1,919 | $1,718 | 6.4% | -$88 | 14.6 | 1.1 | $1,611 | $195 | $17 | $96 |
| 5935 Brandon Ln, Port Orange, FL 32127 | Port Orange, FL | Single Family | -2.7% | $480,000 | $2,644 | $2,856 | $2,500 | 6.3% | -$212 | 15.1 | 1.0 | $2,420 | $292 | $0 | $144 |
| 6028 Whispering Trees Ln, Pt Orange, FL 32128 | Pt Orange, FL | Single Family | -2.8% | $439,000 | $2,432 | $2,637 | $2,270 | 6.2% | -$205 | 15.0 | 1.0 | $2,208 | $267 | $30 | $132 |
| 234 Mosaic Blvd, Daytona Beach, FL 32124 | Daytona Beach, FL | Single Family | -6.1% | $565,000 | $2,900 | $3,479 | $2,610 | 5.5% | -$579 | 16.2 | 0.9 | $2,845 | $344 | $120 | $170 |
| 341 Good Life Way, Daytona Beach, FL 32124 | Daytona Beach, FL | Single Family | -6.2% | $489,900 | $2,788 | $3,294 | $2,259 | 5.5% | -$506 | 14.6 | 0.9 | $2,467 | $298 | $382 | $147 |
| 6099 Red Stag Dr, Port Orange, FL 32128 | Port Orange, FL | Single Family | -7.5% | $539,900 | $2,564 | $3,242 | $2,366 | 5.3% | -$678 | 17.5 | 0.9 | $2,716 | $328 | $36 | $162 |
| 1224 S Peninsula Dr APT 409, Daytona Beach, FL 32118 | Daytona Beach, FL | Condo | -7.6% | $219,000 | $1,741 | $2,017 | $969 | 5.3% | -$276 | 10.5 | 0.9 | $1,112 | $133 | $706 | $66 |
Cash on Cash Return: 830.0%
Price: $15,000
Rent: $2,165
Total Payment: $90
Cap Rate: 172.8%
Cash Flow: $2,075
GRM: 0.6
DSCR: 28.4
Location: Dover Falls Rd, Ormond Beach
Last Updated: 12/14/2024
First Seen: 12/14/2024
This manufactured home on Dover Falls Rd stands out due to its exceptional cash on cash return of 830.0%. With a low purchase price of $15,000 and a strong rental income of $2,165, this property offers an impressive cap rate of 172.8%. Investors can expect significant cash flow, making it a top choice for those seeking high returns in Daytona Beach.
Cash on Cash Return: 63.1%
Price: $140,000
Rent: $2,311
Total Payment: $838
Cap Rate: 19.4%
Cash Flow: $1,473
GRM: 5.0
DSCR: 3.2
Location: S Greenway Dr, Pt Orange
Last Updated: 12/14/2024
First Seen: 12/14/2024
Located on S Greenway Dr, this manufactured home offers a solid cash on cash return of 63.1%. Priced at $140,000, it generates a rental income of $2,311, resulting in a cap rate of 19.4%. With a cash flow of $1,473, this property is an attractive option for investors looking for reliable income in Daytona Beach.
Cash on Cash Return: 33.7%
Price: $189,900
Rent: $2,205
Total Payment: $1,137
Cap Rate: 13.6%
Cash Flow: $1,068
GRM: 7.2
DSCR: 2.2
Location: Niagara Falls Cir, Ormond Beach
Last Updated: 12/14/2024
First Seen: 12/14/2024
This manufactured home on Niagara Falls Cir is priced at $189,900 and offers a cash on cash return of 33.7%. With a rental income of $2,205, it provides a cap rate of 13.6% and a cash flow of $1,068. This property is ideal for investors seeking a balance of affordability and return in the Daytona Beach market.
Cash on cash return and cap rate are critical metrics for real estate investors. A high cash on cash return indicates that the property generates substantial income relative to the investment made. Similarly, a strong cap rate reflects the property's ability to produce income compared to its value. These metrics highlight the profitability of the listed properties, making them attractive options for investors in Daytona Beach.
The Gross Rent Multiplier (GRM) and Debt Service Coverage Ratio (DSCR) are essential tools for evaluating real estate investments. GRM helps investors understand how long it will take to recoup their investment through rental income, while DSCR measures the property's ability to cover its debt obligations. For instance, the first property has a GRM of 0.6 and a DSCR of 28.4, indicating a low risk and high return potential.
To increase rental income, consider property upgrades, adjusting rents to market rates, or targeting specific renter demographics. Additionally, minimizing operating costs through effective management of HOA fees, taxes, and insurance can significantly enhance cash flow. For example, by reducing insurance costs by $100 per month on the first property, cash flow could increase by $1,200 annually, showcasing the impact of cost-saving measures.
Investing in condos versus single-family homes presents different advantages. Condos often have lower maintenance costs and can provide higher cash flow, while single-family homes may offer better long-term appreciation. The properties listed demonstrate that both types can yield strong returns, making them viable options for investors in Daytona Beach.
With a range of investment properties offering high cash flow and strong cap rates, Daytona Beach stands out as an excellent choice for real estate investors. The properties highlighted here showcase the potential for significant returns, making it imperative for investors to act quickly. Contact us today for more information on these high-return properties or to sign up for real-time updates on investment opportunities in Daytona Beach.