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1052 Morfontaine St
D+ Composite 45.56
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).

  • Cash flow +12.8/30.0
  • ARV discount +7.5/15.0
  • Livability +4.2/5.0
  • Appreciation +4.0/10.0
  • Rent growth +3.9/5.0
  • Schools +3.9/10.0
  • DSCR +3.8/10.0
  • 1% rule +2.9/10.0
  • Condition / age +2.5/5.0

$455,495

1052 Morfontaine St · Daytona Beach, FL 32124
5 bd · 3.0 ba · 2,490 sqft · Land · 8 Days on market
Built 2025 7,511 sqft lot $157/mo HOA · 4% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to the Covington, an exquisite single-story floor plan designed with your modern lifestyle in mind. This spacious home offers 5 bedrooms, 3 bathrooms, and a 3-car garage, ensuring ample space for comfortable living and entertaining. The Covington features an open-concept layout that seamlessly integrates the living room, dining area, and kitchen, creating a perfect space for family gatherings and social occasions. The stylish kitchen is a chef's dream, equipped with stainless steel appliances, a large center island with seating, and a walk-in pantry for ample storage. The primary bedroom, located for optimal privacy at the rear of the home, offers a serene retreat. It includes a luxurious en-suite bathroom complete with a walk-in closet, double vanity, and a spacious walk-in shower, providing both functionality and relaxation. In addition to the primary suite, the Covington includes three well-sized secondary bedrooms. These versatile rooms can serve as additional bedrooms, a home office, or even a fitness space. Two of these bedrooms share a bathroom, while the fourth bedroom has its own dedicated bathroom, adding an extra layer of convenience and flexibility. As with all homes at Wexford Cove, the Covington comes equipped with advanced smart home technology. This allows you to control various aspects of your home remotely via your smart device, enhancing security and convenience. * Photos are of similar model but not that of exact house. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Please note that no representations or warranties are made regarding school districts or school assignments; you should conduct your own investigation regarding current and future schools and school boundaries. *

Key facts

  • Large center island
  • En-suite bathroom
  • Open-concept layout

Tags

SINGLE-STORY FLOOR PLANOPEN-CONCEPT LAYOUTSTAINLESS STEEL APPLIANCESLARGE CENTER ISLANDWALK-IN PANTRYEN-SUITE BATHROOM

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 5-bed/3.0-bath land listed at $455k.

Deal economics

  • At list price, monthly cash flow is $-38 ($-452/yr) — negative.
  • To cash-flow at today's rent, offer at most $449k (1.5% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $361k (20.6% below list).
  • Recommended offer: $361k (20.6% 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: 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.
  • Zoned schools: Champion Elementary School (math 39% / reading 44%, grade F, #1,437 of 2,144 statewide, top 68%, 584 students, 70% FRL); David C. Hinson Sr. Middle School (math 52% / reading 49%, grade C, #246 of 571 statewide, top 44%, 950 students, 52% FRL); Mainland High School (math 30% / reading 37%, grade F, #400 of 667 statewide, top 61%, 1,855 students, 64% FRL).
  • Market conditions: Rents rising fast (+5.5%/yr); 335 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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).
  • At $3,614/mo this rent would consume 47% of the median local household income ($93k/yr) (locally 54% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-2.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $9k 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

  • Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
  • 4 sale attempts; this cycle's ask is 7% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
Recommended offer $361,448 (20.6% 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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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?
  6. 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.
  7. 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.
  8. 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
0.79%
Cap rate
6.19%
Cash-on-cash
-0.35%
DSCR
0.98
GRM
10.5

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
-9.2%
Equity multiple
0.63×
Total profit
$-47,614
Equity at exit
$88,691
10-year hold
IRR
1.1%
Equity multiple
1.09×
Total profit
$12,020
Equity at exit
$76,012

Cash invested: $127,539 (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.

ZIP-level market 32124

Home prices YoY
-0.6%
Rents YoY
5.5%
Active inventory
335
Price-to-rent
10.5×

Monthly cashflow live

Estimated rent
$3,614 medium interval (Pro) →
Mortgage (P&I)
$2,389
Tax from tax record
$158 /mo · $1,892/yr
Insurance
$190
HOA
$157
Vacancy / Maint / Mgmt
$759
Net cashflow
$-38

Break-even live

Break-even rent $3,662
Max offer price $448,845
Occupancy floor 96%

Sensitivity live

Price -10% $220 -5% $91 +0% $-38 +5% $-167 +10% $-295
Rent -10% $-323 -5% $-180 +0% $-38 +5% $105 +10% $248
Rate -1.0pp $192 -0.5pp $78 base $-38 +0.5pp $-156 +1.0pp $-276

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
$113,874
Closing costs
$13,665
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 3 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
137 Lost Ball Dr Daytona Beach, FL 4.0 2.5 2168 $2,950 $1.36 12d 1 0.49mi
284 Links Terrace Blvd Daytona Beach, FL 4.0 2.5 2200 $2,850 $1.30 25d 1 0.66mi
129 Formby Grande Ave Daytona Beach, FL 5.0 4.0 3317 $3,600 $1.09 25d 1 1.17mi

HOA detail

Monthly dues
$157 · $1,884/yr
Likely covers
security

Listing history 23 events

  1. 2026-04-21
    status Pending 1991-char remark
    Show marketing remark (1991 chars)

    Welcome to the Covington, an exquisite single-story floor plan designed with your modern lifestyle in mind. This spacious home offers 5 bedrooms, 3 bathrooms, and a 3-car garage, ensuring ample space for comfortable living and entertaining. The Covington features an open-concept layout that seamlessly integrates the living room, dining area, and kitchen, creating a perfect space for family gatherings and social occasions. The stylish kitchen is a chef's dream, equipped with stainless steel appliances, a large center island with seating, and a walk-in pantry for ample storage. The primary bedroom, located for optimal privacy at the rear of the home, offers a serene retreat. It includes a luxurious en-suite bathroom complete with a walk-in closet, double vanity, and a spacious walk-in shower, providing both functionality and relaxation. In addition to the primary suite, the Covington includes three well-sized secondary bedrooms. These versatile rooms can serve as additional bedrooms, a home office, or even a fitness space. Two of these bedrooms share a bathroom, while the fourth bedroom has its own dedicated bathroom, adding an extra layer of convenience and flexibility. As with all homes at Wexford Cove, the Covington comes equipped with advanced smart home technology. This allows you to control various aspects of your home remotely via your smart device, enhancing security and convenience. * Photos are of similar model but not that of exact house. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Please note that no representations or warranties are made regarding school districts or school assignments; you should conduct your own investigation regarding current and future schools and school boundaries. *

  2. 2026-04-21
    status Pending
    Show marketing remark (1991 chars)

    Welcome to the Covington, an exquisite single-story floor plan designed with your modern lifestyle in mind. This spacious home offers 5 bedrooms, 3 bathrooms, and a 3-car garage, ensuring ample space for comfortable living and entertaining. The Covington features an open-concept layout that seamlessly integrates the living room, dining area, and kitchen, creating a perfect space for family gatherings and social occasions. The stylish kitchen is a chef's dream, equipped with stainless steel appliances, a large center island with seating, and a walk-in pantry for ample storage. The primary bedroom, located for optimal privacy at the rear of the home, offers a serene retreat. It includes a luxurious en-suite bathroom complete with a walk-in closet, double vanity, and a spacious walk-in shower, providing both functionality and relaxation. In addition to the primary suite, the Covington includes three well-sized secondary bedrooms. These versatile rooms can serve as additional bedrooms, a home office, or even a fitness space. Two of these bedrooms share a bathroom, while the fourth bedroom has its own dedicated bathroom, adding an extra layer of convenience and flexibility. As with all homes at Wexford Cove, the Covington comes equipped with advanced smart home technology. This allows you to control various aspects of your home remotely via your smart device, enhancing security and convenience. * Photos are of similar model but not that of exact house. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Please note that no representations or warranties are made regarding school districts or school assignments; you should conduct your own investigation regarding current and future schools and school boundaries. *

  3. 2026-04-20
    status Active 1991-char remark
    Show marketing remark (1991 chars)

    Welcome to the Covington, an exquisite single-story floor plan designed with your modern lifestyle in mind. This spacious home offers 5 bedrooms, 3 bathrooms, and a 3-car garage, ensuring ample space for comfortable living and entertaining. The Covington features an open-concept layout that seamlessly integrates the living room, dining area, and kitchen, creating a perfect space for family gatherings and social occasions. The stylish kitchen is a chef's dream, equipped with stainless steel appliances, a large center island with seating, and a walk-in pantry for ample storage. The primary bedroom, located for optimal privacy at the rear of the home, offers a serene retreat. It includes a luxurious en-suite bathroom complete with a walk-in closet, double vanity, and a spacious walk-in shower, providing both functionality and relaxation. In addition to the primary suite, the Covington includes three well-sized secondary bedrooms. These versatile rooms can serve as additional bedrooms, a home office, or even a fitness space. Two of these bedrooms share a bathroom, while the fourth bedroom has its own dedicated bathroom, adding an extra layer of convenience and flexibility. As with all homes at Wexford Cove, the Covington comes equipped with advanced smart home technology. This allows you to control various aspects of your home remotely via your smart device, enhancing security and convenience. * Photos are of similar model but not that of exact house. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Please note that no representations or warranties are made regarding school districts or school assignments; you should conduct your own investigation regarding current and future schools and school boundaries. *

  4. 2026-04-20
    price $455,495 1991-char remark
    Show marketing remark (1991 chars)

    Welcome to the Covington, an exquisite single-story floor plan designed with your modern lifestyle in mind. This spacious home offers 5 bedrooms, 3 bathrooms, and a 3-car garage, ensuring ample space for comfortable living and entertaining. The Covington features an open-concept layout that seamlessly integrates the living room, dining area, and kitchen, creating a perfect space for family gatherings and social occasions. The stylish kitchen is a chef's dream, equipped with stainless steel appliances, a large center island with seating, and a walk-in pantry for ample storage. The primary bedroom, located for optimal privacy at the rear of the home, offers a serene retreat. It includes a luxurious en-suite bathroom complete with a walk-in closet, double vanity, and a spacious walk-in shower, providing both functionality and relaxation. In addition to the primary suite, the Covington includes three well-sized secondary bedrooms. These versatile rooms can serve as additional bedrooms, a home office, or even a fitness space. Two of these bedrooms share a bathroom, while the fourth bedroom has its own dedicated bathroom, adding an extra layer of convenience and flexibility. As with all homes at Wexford Cove, the Covington comes equipped with advanced smart home technology. This allows you to control various aspects of your home remotely via your smart device, enhancing security and convenience. * Photos are of similar model but not that of exact house. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Please note that no representations or warranties are made regarding school districts or school assignments; you should conduct your own investigation regarding current and future schools and school boundaries. *

  5. 2026-04-20
    status Active
    Show marketing remark (1991 chars)

    Welcome to the Covington, an exquisite single-story floor plan designed with your modern lifestyle in mind. This spacious home offers 5 bedrooms, 3 bathrooms, and a 3-car garage, ensuring ample space for comfortable living and entertaining. The Covington features an open-concept layout that seamlessly integrates the living room, dining area, and kitchen, creating a perfect space for family gatherings and social occasions. The stylish kitchen is a chef's dream, equipped with stainless steel appliances, a large center island with seating, and a walk-in pantry for ample storage. The primary bedroom, located for optimal privacy at the rear of the home, offers a serene retreat. It includes a luxurious en-suite bathroom complete with a walk-in closet, double vanity, and a spacious walk-in shower, providing both functionality and relaxation. In addition to the primary suite, the Covington includes three well-sized secondary bedrooms. These versatile rooms can serve as additional bedrooms, a home office, or even a fitness space. Two of these bedrooms share a bathroom, while the fourth bedroom has its own dedicated bathroom, adding an extra layer of convenience and flexibility. As with all homes at Wexford Cove, the Covington comes equipped with advanced smart home technology. This allows you to control various aspects of your home remotely via your smart device, enhancing security and convenience. * Photos are of similar model but not that of exact house. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Please note that no representations or warranties are made regarding school districts or school assignments; you should conduct your own investigation regarding current and future schools and school boundaries. *

  6. 2026-04-20
    price $455,495
    Show marketing remark (1991 chars)

    Welcome to the Covington, an exquisite single-story floor plan designed with your modern lifestyle in mind. This spacious home offers 5 bedrooms, 3 bathrooms, and a 3-car garage, ensuring ample space for comfortable living and entertaining. The Covington features an open-concept layout that seamlessly integrates the living room, dining area, and kitchen, creating a perfect space for family gatherings and social occasions. The stylish kitchen is a chef's dream, equipped with stainless steel appliances, a large center island with seating, and a walk-in pantry for ample storage. The primary bedroom, located for optimal privacy at the rear of the home, offers a serene retreat. It includes a luxurious en-suite bathroom complete with a walk-in closet, double vanity, and a spacious walk-in shower, providing both functionality and relaxation. In addition to the primary suite, the Covington includes three well-sized secondary bedrooms. These versatile rooms can serve as additional bedrooms, a home office, or even a fitness space. Two of these bedrooms share a bathroom, while the fourth bedroom has its own dedicated bathroom, adding an extra layer of convenience and flexibility. As with all homes at Wexford Cove, the Covington comes equipped with advanced smart home technology. This allows you to control various aspects of your home remotely via your smart device, enhancing security and convenience. * Photos are of similar model but not that of exact house. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Please note that no representations or warranties are made regarding school districts or school assignments; you should conduct your own investigation regarding current and future schools and school boundaries. *

  7. 2026-03-13
    status Pending 1991-char remark
    Show marketing remark (1991 chars)

    Welcome to the Covington, an exquisite single-story floor plan designed with your modern lifestyle in mind. This spacious home offers 5 bedrooms, 3 bathrooms, and a 3-car garage, ensuring ample space for comfortable living and entertaining. The Covington features an open-concept layout that seamlessly integrates the living room, dining area, and kitchen, creating a perfect space for family gatherings and social occasions. The stylish kitchen is a chef's dream, equipped with stainless steel appliances, a large center island with seating, and a walk-in pantry for ample storage. The primary bedroom, located for optimal privacy at the rear of the home, offers a serene retreat. It includes a luxurious en-suite bathroom complete with a walk-in closet, double vanity, and a spacious walk-in shower, providing both functionality and relaxation. In addition to the primary suite, the Covington includes three well-sized secondary bedrooms. These versatile rooms can serve as additional bedrooms, a home office, or even a fitness space. Two of these bedrooms share a bathroom, while the fourth bedroom has its own dedicated bathroom, adding an extra layer of convenience and flexibility. As with all homes at Wexford Cove, the Covington comes equipped with advanced smart home technology. This allows you to control various aspects of your home remotely via your smart device, enhancing security and convenience. * Photos are of similar model but not that of exact house. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Please note that no representations or warranties are made regarding school districts or school assignments; you should conduct your own investigation regarding current and future schools and school boundaries. *

  8. 2026-03-13
    status Pending
    Show marketing remark (1991 chars)

    Welcome to the Covington, an exquisite single-story floor plan designed with your modern lifestyle in mind. This spacious home offers 5 bedrooms, 3 bathrooms, and a 3-car garage, ensuring ample space for comfortable living and entertaining. The Covington features an open-concept layout that seamlessly integrates the living room, dining area, and kitchen, creating a perfect space for family gatherings and social occasions. The stylish kitchen is a chef's dream, equipped with stainless steel appliances, a large center island with seating, and a walk-in pantry for ample storage. The primary bedroom, located for optimal privacy at the rear of the home, offers a serene retreat. It includes a luxurious en-suite bathroom complete with a walk-in closet, double vanity, and a spacious walk-in shower, providing both functionality and relaxation. In addition to the primary suite, the Covington includes three well-sized secondary bedrooms. These versatile rooms can serve as additional bedrooms, a home office, or even a fitness space. Two of these bedrooms share a bathroom, while the fourth bedroom has its own dedicated bathroom, adding an extra layer of convenience and flexibility. As with all homes at Wexford Cove, the Covington comes equipped with advanced smart home technology. This allows you to control various aspects of your home remotely via your smart device, enhancing security and convenience. * Photos are of similar model but not that of exact house. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Please note that no representations or warranties are made regarding school districts or school assignments; you should conduct your own investigation regarding current and future schools and school boundaries. *

  9. 2026-03-06
    listed $424,990 Active
  10. 2026-01-21
    price $424,990 1991-char remark
    Show marketing remark (1991 chars)

    Welcome to the Covington, an exquisite single-story floor plan designed with your modern lifestyle in mind. This spacious home offers 5 bedrooms, 3 bathrooms, and a 3-car garage, ensuring ample space for comfortable living and entertaining. The Covington features an open-concept layout that seamlessly integrates the living room, dining area, and kitchen, creating a perfect space for family gatherings and social occasions. The stylish kitchen is a chef's dream, equipped with stainless steel appliances, a large center island with seating, and a walk-in pantry for ample storage. The primary bedroom, located for optimal privacy at the rear of the home, offers a serene retreat. It includes a luxurious en-suite bathroom complete with a walk-in closet, double vanity, and a spacious walk-in shower, providing both functionality and relaxation. In addition to the primary suite, the Covington includes three well-sized secondary bedrooms. These versatile rooms can serve as additional bedrooms, a home office, or even a fitness space. Two of these bedrooms share a bathroom, while the fourth bedroom has its own dedicated bathroom, adding an extra layer of convenience and flexibility. As with all homes at Wexford Cove, the Covington comes equipped with advanced smart home technology. This allows you to control various aspects of your home remotely via your smart device, enhancing security and convenience. * Photos are of similar model but not that of exact house. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Please note that no representations or warranties are made regarding school districts or school assignments; you should conduct your own investigation regarding current and future schools and school boundaries. *

  11. 2026-01-15
    price $434,990 1991-char remark
    Show marketing remark (1991 chars)

    Welcome to the Covington, an exquisite single-story floor plan designed with your modern lifestyle in mind. This spacious home offers 5 bedrooms, 3 bathrooms, and a 3-car garage, ensuring ample space for comfortable living and entertaining. The Covington features an open-concept layout that seamlessly integrates the living room, dining area, and kitchen, creating a perfect space for family gatherings and social occasions. The stylish kitchen is a chef's dream, equipped with stainless steel appliances, a large center island with seating, and a walk-in pantry for ample storage. The primary bedroom, located for optimal privacy at the rear of the home, offers a serene retreat. It includes a luxurious en-suite bathroom complete with a walk-in closet, double vanity, and a spacious walk-in shower, providing both functionality and relaxation. In addition to the primary suite, the Covington includes three well-sized secondary bedrooms. These versatile rooms can serve as additional bedrooms, a home office, or even a fitness space. Two of these bedrooms share a bathroom, while the fourth bedroom has its own dedicated bathroom, adding an extra layer of convenience and flexibility. As with all homes at Wexford Cove, the Covington comes equipped with advanced smart home technology. This allows you to control various aspects of your home remotely via your smart device, enhancing security and convenience. * Photos are of similar model but not that of exact house. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Please note that no representations or warranties are made regarding school districts or school assignments; you should conduct your own investigation regarding current and future schools and school boundaries. *

  12. 2026-01-06
    price $441,990 1991-char remark
    Show marketing remark (1991 chars)

    Welcome to the Covington, an exquisite single-story floor plan designed with your modern lifestyle in mind. This spacious home offers 5 bedrooms, 3 bathrooms, and a 3-car garage, ensuring ample space for comfortable living and entertaining. The Covington features an open-concept layout that seamlessly integrates the living room, dining area, and kitchen, creating a perfect space for family gatherings and social occasions. The stylish kitchen is a chef's dream, equipped with stainless steel appliances, a large center island with seating, and a walk-in pantry for ample storage. The primary bedroom, located for optimal privacy at the rear of the home, offers a serene retreat. It includes a luxurious en-suite bathroom complete with a walk-in closet, double vanity, and a spacious walk-in shower, providing both functionality and relaxation. In addition to the primary suite, the Covington includes three well-sized secondary bedrooms. These versatile rooms can serve as additional bedrooms, a home office, or even a fitness space. Two of these bedrooms share a bathroom, while the fourth bedroom has its own dedicated bathroom, adding an extra layer of convenience and flexibility. As with all homes at Wexford Cove, the Covington comes equipped with advanced smart home technology. This allows you to control various aspects of your home remotely via your smart device, enhancing security and convenience. * Photos are of similar model but not that of exact house. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Please note that no representations or warranties are made regarding school districts or school assignments; you should conduct your own investigation regarding current and future schools and school boundaries. *

  13. 2025-12-17
    price $439,990 1991-char remark
    Show marketing remark (1991 chars)

    Welcome to the Covington, an exquisite single-story floor plan designed with your modern lifestyle in mind. This spacious home offers 5 bedrooms, 3 bathrooms, and a 3-car garage, ensuring ample space for comfortable living and entertaining. The Covington features an open-concept layout that seamlessly integrates the living room, dining area, and kitchen, creating a perfect space for family gatherings and social occasions. The stylish kitchen is a chef's dream, equipped with stainless steel appliances, a large center island with seating, and a walk-in pantry for ample storage. The primary bedroom, located for optimal privacy at the rear of the home, offers a serene retreat. It includes a luxurious en-suite bathroom complete with a walk-in closet, double vanity, and a spacious walk-in shower, providing both functionality and relaxation. In addition to the primary suite, the Covington includes three well-sized secondary bedrooms. These versatile rooms can serve as additional bedrooms, a home office, or even a fitness space. Two of these bedrooms share a bathroom, while the fourth bedroom has its own dedicated bathroom, adding an extra layer of convenience and flexibility. As with all homes at Wexford Cove, the Covington comes equipped with advanced smart home technology. This allows you to control various aspects of your home remotely via your smart device, enhancing security and convenience. * Photos are of similar model but not that of exact house. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Please note that no representations or warranties are made regarding school districts or school assignments; you should conduct your own investigation regarding current and future schools and school boundaries. *

  14. 2025-12-15
    price $449,990 1991-char remark
    Show marketing remark (1991 chars)

    Welcome to the Covington, an exquisite single-story floor plan designed with your modern lifestyle in mind. This spacious home offers 5 bedrooms, 3 bathrooms, and a 3-car garage, ensuring ample space for comfortable living and entertaining. The Covington features an open-concept layout that seamlessly integrates the living room, dining area, and kitchen, creating a perfect space for family gatherings and social occasions. The stylish kitchen is a chef's dream, equipped with stainless steel appliances, a large center island with seating, and a walk-in pantry for ample storage. The primary bedroom, located for optimal privacy at the rear of the home, offers a serene retreat. It includes a luxurious en-suite bathroom complete with a walk-in closet, double vanity, and a spacious walk-in shower, providing both functionality and relaxation. In addition to the primary suite, the Covington includes three well-sized secondary bedrooms. These versatile rooms can serve as additional bedrooms, a home office, or even a fitness space. Two of these bedrooms share a bathroom, while the fourth bedroom has its own dedicated bathroom, adding an extra layer of convenience and flexibility. As with all homes at Wexford Cove, the Covington comes equipped with advanced smart home technology. This allows you to control various aspects of your home remotely via your smart device, enhancing security and convenience. * Photos are of similar model but not that of exact house. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Please note that no representations or warranties are made regarding school districts or school assignments; you should conduct your own investigation regarding current and future schools and school boundaries. *

  15. 2025-10-29
    price $434,990 1991-char remark
    Show marketing remark (1991 chars)

    Welcome to the Covington, an exquisite single-story floor plan designed with your modern lifestyle in mind. This spacious home offers 5 bedrooms, 3 bathrooms, and a 3-car garage, ensuring ample space for comfortable living and entertaining. The Covington features an open-concept layout that seamlessly integrates the living room, dining area, and kitchen, creating a perfect space for family gatherings and social occasions. The stylish kitchen is a chef's dream, equipped with stainless steel appliances, a large center island with seating, and a walk-in pantry for ample storage. The primary bedroom, located for optimal privacy at the rear of the home, offers a serene retreat. It includes a luxurious en-suite bathroom complete with a walk-in closet, double vanity, and a spacious walk-in shower, providing both functionality and relaxation. In addition to the primary suite, the Covington includes three well-sized secondary bedrooms. These versatile rooms can serve as additional bedrooms, a home office, or even a fitness space. Two of these bedrooms share a bathroom, while the fourth bedroom has its own dedicated bathroom, adding an extra layer of convenience and flexibility. As with all homes at Wexford Cove, the Covington comes equipped with advanced smart home technology. This allows you to control various aspects of your home remotely via your smart device, enhancing security and convenience. * Photos are of similar model but not that of exact house. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Please note that no representations or warranties are made regarding school districts or school assignments; you should conduct your own investigation regarding current and future schools and school boundaries. *

  16. 2025-10-17
    price $439,990 1991-char remark
    Show marketing remark (1991 chars)

    Welcome to the Covington, an exquisite single-story floor plan designed with your modern lifestyle in mind. This spacious home offers 5 bedrooms, 3 bathrooms, and a 3-car garage, ensuring ample space for comfortable living and entertaining. The Covington features an open-concept layout that seamlessly integrates the living room, dining area, and kitchen, creating a perfect space for family gatherings and social occasions. The stylish kitchen is a chef's dream, equipped with stainless steel appliances, a large center island with seating, and a walk-in pantry for ample storage. The primary bedroom, located for optimal privacy at the rear of the home, offers a serene retreat. It includes a luxurious en-suite bathroom complete with a walk-in closet, double vanity, and a spacious walk-in shower, providing both functionality and relaxation. In addition to the primary suite, the Covington includes three well-sized secondary bedrooms. These versatile rooms can serve as additional bedrooms, a home office, or even a fitness space. Two of these bedrooms share a bathroom, while the fourth bedroom has its own dedicated bathroom, adding an extra layer of convenience and flexibility. As with all homes at Wexford Cove, the Covington comes equipped with advanced smart home technology. This allows you to control various aspects of your home remotely via your smart device, enhancing security and convenience. * Photos are of similar model but not that of exact house. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Please note that no representations or warranties are made regarding school districts or school assignments; you should conduct your own investigation regarding current and future schools and school boundaries. *

  17. 2025-10-08
    price $454,990 1991-char remark
    Show marketing remark (1991 chars)

    Welcome to the Covington, an exquisite single-story floor plan designed with your modern lifestyle in mind. This spacious home offers 5 bedrooms, 3 bathrooms, and a 3-car garage, ensuring ample space for comfortable living and entertaining. The Covington features an open-concept layout that seamlessly integrates the living room, dining area, and kitchen, creating a perfect space for family gatherings and social occasions. The stylish kitchen is a chef's dream, equipped with stainless steel appliances, a large center island with seating, and a walk-in pantry for ample storage. The primary bedroom, located for optimal privacy at the rear of the home, offers a serene retreat. It includes a luxurious en-suite bathroom complete with a walk-in closet, double vanity, and a spacious walk-in shower, providing both functionality and relaxation. In addition to the primary suite, the Covington includes three well-sized secondary bedrooms. These versatile rooms can serve as additional bedrooms, a home office, or even a fitness space. Two of these bedrooms share a bathroom, while the fourth bedroom has its own dedicated bathroom, adding an extra layer of convenience and flexibility. As with all homes at Wexford Cove, the Covington comes equipped with advanced smart home technology. This allows you to control various aspects of your home remotely via your smart device, enhancing security and convenience. * Photos are of similar model but not that of exact house. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Please note that no representations or warranties are made regarding school districts or school assignments; you should conduct your own investigation regarding current and future schools and school boundaries. *

  18. 2025-09-29
    price $467,990 1991-char remark
    Show marketing remark (1991 chars)

    Welcome to the Covington, an exquisite single-story floor plan designed with your modern lifestyle in mind. This spacious home offers 5 bedrooms, 3 bathrooms, and a 3-car garage, ensuring ample space for comfortable living and entertaining. The Covington features an open-concept layout that seamlessly integrates the living room, dining area, and kitchen, creating a perfect space for family gatherings and social occasions. The stylish kitchen is a chef's dream, equipped with stainless steel appliances, a large center island with seating, and a walk-in pantry for ample storage. The primary bedroom, located for optimal privacy at the rear of the home, offers a serene retreat. It includes a luxurious en-suite bathroom complete with a walk-in closet, double vanity, and a spacious walk-in shower, providing both functionality and relaxation. In addition to the primary suite, the Covington includes three well-sized secondary bedrooms. These versatile rooms can serve as additional bedrooms, a home office, or even a fitness space. Two of these bedrooms share a bathroom, while the fourth bedroom has its own dedicated bathroom, adding an extra layer of convenience and flexibility. As with all homes at Wexford Cove, the Covington comes equipped with advanced smart home technology. This allows you to control various aspects of your home remotely via your smart device, enhancing security and convenience. * Photos are of similar model but not that of exact house. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Please note that no representations or warranties are made regarding school districts or school assignments; you should conduct your own investigation regarding current and future schools and school boundaries. *

  19. 2025-08-27
    price $469,990 1991-char remark
    Show marketing remark (1991 chars)

    Welcome to the Covington, an exquisite single-story floor plan designed with your modern lifestyle in mind. This spacious home offers 5 bedrooms, 3 bathrooms, and a 3-car garage, ensuring ample space for comfortable living and entertaining. The Covington features an open-concept layout that seamlessly integrates the living room, dining area, and kitchen, creating a perfect space for family gatherings and social occasions. The stylish kitchen is a chef's dream, equipped with stainless steel appliances, a large center island with seating, and a walk-in pantry for ample storage. The primary bedroom, located for optimal privacy at the rear of the home, offers a serene retreat. It includes a luxurious en-suite bathroom complete with a walk-in closet, double vanity, and a spacious walk-in shower, providing both functionality and relaxation. In addition to the primary suite, the Covington includes three well-sized secondary bedrooms. These versatile rooms can serve as additional bedrooms, a home office, or even a fitness space. Two of these bedrooms share a bathroom, while the fourth bedroom has its own dedicated bathroom, adding an extra layer of convenience and flexibility. As with all homes at Wexford Cove, the Covington comes equipped with advanced smart home technology. This allows you to control various aspects of your home remotely via your smart device, enhancing security and convenience. * Photos are of similar model but not that of exact house. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Please note that no representations or warranties are made regarding school districts or school assignments; you should conduct your own investigation regarding current and future schools and school boundaries. *

  20. 2025-08-20
    price $479,990 1991-char remark
    Show marketing remark (1991 chars)

    Welcome to the Covington, an exquisite single-story floor plan designed with your modern lifestyle in mind. This spacious home offers 5 bedrooms, 3 bathrooms, and a 3-car garage, ensuring ample space for comfortable living and entertaining. The Covington features an open-concept layout that seamlessly integrates the living room, dining area, and kitchen, creating a perfect space for family gatherings and social occasions. The stylish kitchen is a chef's dream, equipped with stainless steel appliances, a large center island with seating, and a walk-in pantry for ample storage. The primary bedroom, located for optimal privacy at the rear of the home, offers a serene retreat. It includes a luxurious en-suite bathroom complete with a walk-in closet, double vanity, and a spacious walk-in shower, providing both functionality and relaxation. In addition to the primary suite, the Covington includes three well-sized secondary bedrooms. These versatile rooms can serve as additional bedrooms, a home office, or even a fitness space. Two of these bedrooms share a bathroom, while the fourth bedroom has its own dedicated bathroom, adding an extra layer of convenience and flexibility. As with all homes at Wexford Cove, the Covington comes equipped with advanced smart home technology. This allows you to control various aspects of your home remotely via your smart device, enhancing security and convenience. * Photos are of similar model but not that of exact house. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Please note that no representations or warranties are made regarding school districts or school assignments; you should conduct your own investigation regarding current and future schools and school boundaries. *

  21. 2025-08-12
    price $484,990 1991-char remark
    Show marketing remark (1991 chars)

    Welcome to the Covington, an exquisite single-story floor plan designed with your modern lifestyle in mind. This spacious home offers 5 bedrooms, 3 bathrooms, and a 3-car garage, ensuring ample space for comfortable living and entertaining. The Covington features an open-concept layout that seamlessly integrates the living room, dining area, and kitchen, creating a perfect space for family gatherings and social occasions. The stylish kitchen is a chef's dream, equipped with stainless steel appliances, a large center island with seating, and a walk-in pantry for ample storage. The primary bedroom, located for optimal privacy at the rear of the home, offers a serene retreat. It includes a luxurious en-suite bathroom complete with a walk-in closet, double vanity, and a spacious walk-in shower, providing both functionality and relaxation. In addition to the primary suite, the Covington includes three well-sized secondary bedrooms. These versatile rooms can serve as additional bedrooms, a home office, or even a fitness space. Two of these bedrooms share a bathroom, while the fourth bedroom has its own dedicated bathroom, adding an extra layer of convenience and flexibility. As with all homes at Wexford Cove, the Covington comes equipped with advanced smart home technology. This allows you to control various aspects of your home remotely via your smart device, enhancing security and convenience. * Photos are of similar model but not that of exact house. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Please note that no representations or warranties are made regarding school districts or school assignments; you should conduct your own investigation regarding current and future schools and school boundaries. *

  22. 2025-06-27
    listed $489,990 Active 1991-char remark
    Show marketing remark (1991 chars)

    Welcome to the Covington, an exquisite single-story floor plan designed with your modern lifestyle in mind. This spacious home offers 5 bedrooms, 3 bathrooms, and a 3-car garage, ensuring ample space for comfortable living and entertaining. The Covington features an open-concept layout that seamlessly integrates the living room, dining area, and kitchen, creating a perfect space for family gatherings and social occasions. The stylish kitchen is a chef's dream, equipped with stainless steel appliances, a large center island with seating, and a walk-in pantry for ample storage. The primary bedroom, located for optimal privacy at the rear of the home, offers a serene retreat. It includes a luxurious en-suite bathroom complete with a walk-in closet, double vanity, and a spacious walk-in shower, providing both functionality and relaxation. In addition to the primary suite, the Covington includes three well-sized secondary bedrooms. These versatile rooms can serve as additional bedrooms, a home office, or even a fitness space. Two of these bedrooms share a bathroom, while the fourth bedroom has its own dedicated bathroom, adding an extra layer of convenience and flexibility. As with all homes at Wexford Cove, the Covington comes equipped with advanced smart home technology. This allows you to control various aspects of your home remotely via your smart device, enhancing security and convenience. * Photos are of similar model but not that of exact house. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Please note that no representations or warranties are made regarding school districts or school assignments; you should conduct your own investigation regarding current and future schools and school boundaries. *

  23. 2024-12-06
    soldstatus $11,494,000

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

Tax reassessment forecast FL · Resets to sale price

Current annual tax
$1,892 · $158/mo
Projected year-2 tax
$3,781 · $315/mo
Expected delta
+$1,889/yr (+$157/mo · 99.9%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$43,374
− Mortgage interest
−$25,515
− Property taxes
−$1,892
− Insurance
−$2,277
− Repairs & maintenance
−$3,470
− Management
−$3,470
− HOA
−$1,884
− Depreciation
−$13,251
Taxable loss
−$8,385
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,012
After-tax cash flow
$1,561/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

Price history

-96.0% since first listed
23 events — show timeline
  • 2026-04-21 Pending Daytona MLS
  • 2026-04-21 Pending Stellar MLS as Distributed by MLS Grid
  • 2026-04-20 Relisted Daytona MLS
  • 2026-04-20 Price Changed $455,495 Daytona MLS
  • 2026-04-20 Relisted Stellar MLS as Distributed by MLS Grid
  • 2026-04-20 Price Changed $455,495 Stellar MLS as Distributed by MLS Grid
  • 2026-03-13 Pending Daytona MLS
  • 2026-03-13 Pending Stellar MLS as Distributed by MLS Grid
  • 2026-03-06 Listed $424,990 Stellar MLS as Distributed by MLS Grid
  • 2026-01-21 Price Changed $424,990 Daytona MLS
  • 2026-01-15 Price Changed $434,990 Daytona MLS
  • 2026-01-06 Price Changed $441,990 Daytona MLS
  • 2025-12-17 Price Changed $439,990 Daytona MLS
  • 2025-12-15 Price Changed $449,990 Daytona MLS
  • 2025-10-29 Price Changed $434,990 Daytona MLS
  • 2025-10-17 Price Changed $439,990 Daytona MLS
  • 2025-10-08 Price Changed $454,990 Daytona MLS
  • 2025-09-29 Price Changed $467,990 Daytona MLS
  • 2025-08-27 Price Changed $469,990 Daytona MLS
  • 2025-08-20 Price Changed $479,990 Daytona MLS
  • 2025-08-12 Price Changed $484,990 Daytona MLS
  • 2025-06-27 Listed $489,990 Daytona MLS
  • 2024-12-06 Sold (Public Records) $11,494,000 Public Records

Property tax history

+88.5%/yr

Latest (2025): $1,892 · +88.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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