Daytona Beach Flip Under Assessed Value

Daytona Beach Flip Under Assessed Value

4 bed 2 bath 1334 sq ft Built in 1962 Single Family
Login or register to unlock this property’s address.
66
Quality of Comparables
Low High
16 /20
Level of Rehab
Heavy Light
14/20
Location of Neighborhood
Far Close
14/20
Quality of Floor Plan
Choppy Flowing
14/20
School Rating
F A
2/10
Placement in Neighborhood
Busy Calm
6/10
Property Details

Here is a great opportunity to take on an easy flip in South Daytona, where all the heavy lifting has already been completed. This is the lowest-priced home in the entire area and is being offered well below the current tax-assessed value of $250,000, creating instant equity from day one. 

The property features 4 full bedrooms, 2 bathrooms, and an attached 2-car garage, offering a highly desirable layout with a nice enclosed back patio for both resale and rental demand. Key fundamentals are already in place, HVAC replaced in 2019, including upgraded PVC plumbing and a sturdy roof replaced in 2015, as well as windows replaced in 2018. significantly reducing renovation costs. Investors will only need to focus on cosmetic updates such as the kitchen, bathrooms, and flooring to unlock the property’s full potential. 

With market rents averaging $2,100–$2,300 per month, this home also makes for a strong addition to any rental portfolio while still leaving room for built-in equity. 

Backed by solid fundamentals and strong neighborhood resale activity, this is a straightforward project perfect for investors looking for a quick, profitable turnaround. 

Contact your EquityPro Advisor for details.

Ask about this property
Log in/Register to ask about this property.

We recommend flip
Rental Income
$2,100 mo. / $25,200 yr.
Estimated Taxes
$5,000 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$16,900
Projected Income
7.53%
Estimated APY
$49,500
Projected Income
18.30%
Estimated ROI

Comps

 
Listed
 
Pending
 
Sold

Unlock this property’s comps.