525 Champion Ridge Dr · Daytona Beach, FL 32124

$377,000

3 bd · 2.0 ba · 1,981 sqft · SingleFamily public records · 240 Days on market

Built 2015 6,098 sqft lot $74/mo HOA · 3% of rent ↓ 22% since listing

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +7.5/15.0
• Cash flow +6.7/30.0
• Livability +4.2/5.0
• Appreciation +4.0/10.0
• Rent growth +3.9/5.0
• Schools +3.9/10.0
• Condition / age +2.5/5.0
• 1% rule +2.0/10.0
• DSCR +1.0/10.0

Listing remarks MLS

Welcome to this beautifully maintained 4-bedroom, 2-bath home in the desirable Grande Champion community of Daytona Beach! Backing to a peaceful conservation area, this home offers privacy, tranquility, and no rear neighbors—perfect for relaxing mornings or entertaining outdoors. Inside, you'll find tile flooring throughout, a stunning kitchen with quartz countertops, two pantries, and an upgraded refrigerator, ideal for anyone who loves to cook or host. Built in 2015, this home features a well-maintained roof and A/C, plus added value with impact-resistant windows and select hurricane shutters for peace of mind. Additional highlights include an oversized two-car garage, water-softening system, and irrigation for easy care. Conveniently located near the LPGA International golf courses, with quick access to I-95, Tomoka Town Center, Tanger Outlets, Daytona International Speedway, and just 15 minutes to the beach. This move-in-ready home truly stands out for its quality, comfort, and lo

Key facts

• Quartz countertops
• Hurricane shutters
• Tile flooring

Tags

• TILE FLOORING
• QUARTZ COUNTERTOPS
• UPGRADED REFRIGERATOR
• IMPACT-RESISTANT WINDOWS
• HURRICANE SHUTTERS
• WATER-SOFTENING SYSTEM

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $377k.

Deal economics

• At list price, monthly cash flow is $-597 ($-7k/yr) — negative.
• To cash-flow at today's rent, offer at most $291k (22.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $264k (30.1% below list).
• Recommended offer: $264k (30.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 83/100 on livability (#46 in FL, #867 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools D+, employment D-.
• Volusia (suburban): math 44% / reading 49% proficiency, ranked #47 of 73 in FL (top 64%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+5.5%/yr); 333 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 3,402 units permitted in Volusia County in 2024 (681 in 5+ unit buildings).
• This rent runs 34% of the median local income ($93k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-2.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Volusia County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 240 days — a 12% lower offer ($332k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $263,627 (30.1% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 240 days. Have you received any prior offers? Is the seller open to a 30% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.70% ✗
• Cap rate: 4.39%
• Cash-on-cash: -6.78%
• DSCR: 0.70
• GRM: 11.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-1.99% appreciation · 5.46% rent growth · sell at horizon

5-year hold

• IRR: -18.3%
• Equity multiple: 0.28×
• Total profit: $-76,161
• Equity at exit: $73,407

10-year hold

• IRR: -8.3%
• Equity multiple: 0.32×
• Total profit: $-71,635
• Equity at exit: $62,913

Cash invested: $105,560 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32124

• Home prices YoY: -0.6%
• Rents YoY: 5.5%
• Active inventory: 333
• Price-to-rent: 11.9×

Monthly cashflow live

• Estimated rent: $2,636 high
• Mortgage (P&I): −$1,977
• Tax est. 1.5%: −$471 /mo · $5,655/yr
• Insurance: −$157
• HOA: −$74
• Vacancy / Maint / Mgmt: −$554
• Net cashflow: $-597

Break-even live

Break-even rent $3,392

Max offer price $290,655

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $94,250
• Closing costs: $11,310
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
604 Champion Ridge Dr Daytona Beach, FL	3.0	2.0	1761	$2,299	$1.31	14d	1	0.15mi
207 Wentworth Grande Dr Daytona Beach, FL	2.0	2.5	1288	$2,100	$1.63	23d	1	0.23mi
2220 Green Valley St Daytona Beach, FL	3.0	2.0	1540	$2,300	$1.49	23d	1	0.77mi
1139 Belle Isle Ln Daytona Beach, FL	3.0	2.0	1429	$2,195	$1.54	14d	1	0.87mi
5135 Magnolia Palm Dr Daytona Beach, FL	3.0	2.0	1487	$2,250	$1.51	11d	1	0.87mi
1347 Belle Isle Ln Daytona Beach, FL	4.0	2.0	1846	$2,400	$1.30	23d	1	1.04mi
1098 Pacific Dunes Ct Daytona Beach, FL	4.0	2.5	2576	$3,000	$1.16	23d	1	1.18mi
1142 Pacific Dunes Ct Daytona Beach, FL	4.0	3.0	2010	$2,599	$1.29	23d	1	1.19mi
1100 Sand Trap Ct Daytona Beach, FL	4.0	2.0	1935	$2,600	$1.34	23d	1	1.21mi
1122 Cabot Cliffs Dr Daytona Beach, FL	3.0	2.0	1432	$3,200	$2.23	14d	1	1.29mi
1153 Sand Trap Ct Daytona Beach, FL	4.0	2.0	1936	$2,395	$1.24	21d	1	1.31mi

HOA detail

• Monthly dues: $74 · $888/yr
• Likely covers: water

Listing history 21 events

1. 2026-06-18
   days on market $377,000 Active 240 DOM
2. 2026-06-17
   days on market $377,000 Active 239 DOM
3. 2026-06-16
   days on market $377,000 Active 238 DOM
4. 2026-06-15
   days on market $377,000 Active 237 DOM
5. 2026-06-14
   remarks 699-char remark
6. 2026-06-14
   days on market $377,000 Active 235 DOM
7. 2026-06-10
   days on market $377,000 Active 232 DOM
8. 2026-06-09
   days on market $377,000 Active 231 DOM
9. 2026-06-08
   days on market $377,000 Active 230 DOM
10. 2026-06-07
    days on market $377,000 Active 229 DOM
11. 2026-06-05
    days on market $377,000 Active 226 DOM
12. 2026-06-03
    days on market $377,000 Active 225 DOM
13. 2026-06-03
    days on market $377,000 Active 224 DOM
14. 2026-06-01
    days on market $377,000 Active 223 DOM
15. 2026-05-31
    days on market $377,000 Active 222 DOM
16. 2026-05-31
    days on market $377,000 Active 221 DOM
17. 2025-10-21
    listed $377,000 Active 1005-char remark

    Show marketing remark (1005 chars)

    Welcome to this beautifully maintained 4-bedroom, 2-bath home in the desirable Grande Champion community of Daytona Beach! Backing to a peaceful conservation area, this home offers privacy, tranquility, and no rear neighbors—perfect for relaxing mornings or entertaining outdoors. Inside, you'll find tile flooring throughout, a stunning kitchen with quartz countertops, two pantries, and an upgraded refrigerator, ideal for anyone who loves to cook or host. Built in 2015, this home features a well-maintained roof and A/C, plus added value with impact-resistant windows and select hurricane shutters for peace of mind. Additional highlights include an oversized two-car garage, water-softening system, and irrigation for easy care. Conveniently located near the LPGA International golf courses, with quick access to I-95, Tomoka Town Center, Tanger Outlets, Daytona International Speedway, and just 15 minutes to the beach. This move-in-ready home truly stands out for its quality, comfort, and lo

18. 2012-05-29
    soldstatus $920,000
19. 2012-05-29
    soldstatus $2,112,000
20. 2010-03-03
    soldstatus $524,900
21. 2010-02-18
    soldstatus $483,400

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥106°F today · 20 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $31,635
• − Mortgage interest: −$21,118
• − Property taxes: −$5,655
• − Insurance: −$1,885
• − Repairs & maintenance: −$2,531
• − Management: −$2,531
• − HOA: −$888
• − Depreciation: −$10,967
• Taxable loss: −$13,940
• Est. tax savings @ 24.0%: +$3,345
• After-tax cash flow: $-3,815/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Volusia
• NCES district ID: 1201920
• Math proficiency: 44% ▼ -9.00%
• Reading proficiency: 49% ▼ -3.00%
• Median HH income: $42,946
• Composite: 39.2/100
• National rank: #4019
• State rank: #47 of 73 in FL

Livability — Daytona Beach

• Score: 83/100
• State rank: #46
• US rank: #867

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime C Employment D- Housing A+ Health & safety A+ User ratings D

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Daytona Beach, FL
• County: Volusia County · 556,871 people
• City population: 67,539
• Metro: Deltona-Daytona Beach-Ormond Beach, FL
• Population (ZIP): 11,409
• Household income: $92,616
• Rent vs Own: 5.8% rent · 94.2% own
• Severe rent burden: 54.0

Population outlook (Volusia County) Hauer SSP2

• Today (2025): 572,749 people
• By 2030: 598,695 · +4.5%
• By 2040: 644,880 · +12.6%
• By 2050: 681,451 · +19.0%
• By 2075: 759,957 · +32.7%
• By 2100: 778,902 · +36.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Black 20% Hispanic / Latino 5% Asian 2% Two or more races 1%
• Common ancestry: Romanian 3% Italian 2% Portuguese 1%
• Foreign-born: 10% · Canada, Mexico, South Korea
• Languages at home: 91% English-only · Spanish 4% Other Asian/Pacific 1% Other Indo-European 1%

Political lean MEDSL · Volusia

• 2024 margin: Strong R (+21.8) · D 38.7% · R 60.5%
• 2008→2024 swing: -27.4pp toward R · 2008: 5.7pp · 2024: -21.8pp
• All cycles: 2024: R+21.8 2020: R+14.1 2016: R+13.1 2012: R+1.2 2008: D+5.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -1.99%
• Current HPI: 311.7456
• Rent YoY: ▲ 5.46%
• Metro: Deltona-Daytona Beach-Ormond Beach, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-22.0% since first listed

5 events — show timeline

• 2025-10-21 Listed $377,000 Daytona MLS
• 2012-05-29 Sold (Public Records) $2,112,000 Public Records
• 2012-05-29 Sold (Public Records) $920,000 Public Records
• 2010-03-03 Sold (Public Records) $524,900 Public Records
• 2010-02-18 Sold (Public Records) $483,400 Public Records

Property tax history

-8.4%/yr

Latest (2025): $471 · +0.0% YoY. Source: county tax records.