CashFlowRE
Sign in Sign up
5 General Doolittle Rd
B- Composite 69.12
Why this score? — see what drove the B- 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 +27.4/30.0
  • DSCR +9.6/10.0
  • ARV discount +7.5/15.0
  • 1% rule +6.2/10.0
  • 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

$230,000

5 General Doolittle Rd · Daytona Beach, FL 32124
2 bd · 1.0 ba · 1,264 sqft · SingleFamily public records · 65 Days on market
Built 1980 9,375 sqft lot

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

Listing remarks MLS

NEW LISTING OPPORTUNITY! 3-bedroom, 2-bath home with a fully fenced front and backyard. Features include a steel roof installed in 2017, new high-impact windows, a new hot water heater, and tile flooring throughout. Concrete construction, stucco exterior and chain-link fencing provide durability, security and low maintenance, and there is no HOA to limit how you live or store your toys. The home offers a functional layout with strong bones and the opportunity for light cosmetic updates to make it your own. Conveniently located near shopping, dining, and major roadways, with quick access to the interstate and just a short drive to the beach. A practical home with key upgrades already completed, outdoor space to enjoy, and a location that makes everyday living easy. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed.

Key facts

  • New hot water heater
  • Stucco exterior
  • 9,375 sq ft lot

Tags

STEEL ROOF INSTALLED IN 2017NEW HIGH-IMPACT WINDOWSNEW HOT WATER HEATERTILE FLOORING THROUGHOUTCONCRETE CONSTRUCTIONSTUCCO EXTERIOR

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 2-bed/1.0-bath single-family listed at $230k.

Deal economics

  • At list price, monthly cash flow is $674 ($8k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $230k).
  • Recommended offer: $216k (6.0% below list) — sets the bar for market timing.

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: Palm Terrace Elementary School (math 34% / reading 33%, grade F, #1,758 of 2,144 statewide, top 83%, 592 students, 83% FRL); Mainland High School (math 30% / reading 37%, grade F, #400 of 667 statewide, top 61%, 1,855 students, 64% FRL) — zoned schools average 74% FRL vs 51% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 34% at this address vs 46% district-wide (-13 pts) — the specific schools serving this property underperform the Volusia average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents rising fast (+5.5%/yr); 333 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 3,402 units permitted in Volusia County in 2024 (681 in 5+ unit buildings).
  • This rent runs 33% 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 $2k of loan paydown is wiped out by about $5k 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.
  • At projected returns (-2.0% appreciation + 5.5% rent growth), your $64k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 65 days — a 6% lower offer ($216k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $31k; list at $230k implies a 642% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major 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 $216,200 (6.0% below list)

Questions for the listing agent

  1. It's been on market 65 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  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. 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.
  6. 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.
  7. 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
1.12%
Cap rate
9.81%
Cash-on-cash
12.57%
DSCR
1.56
GRM
7.5

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
8.0%
Equity multiple
1.34×
Total profit
$21,952
Equity at exit
$44,784
10-year hold
IRR
17.4%
Equity multiple
2.72×
Total profit
$110,895
Equity at exit
$38,382

Cash invested: $64,400 (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
333
Price-to-rent
7.5×

Monthly cashflow live

Estimated rent
$2,568 medium interval (Pro) →
Mortgage (P&I)
$1,206
Tax from tax record
$52 /mo · $623/yr
Insurance
$96
HOA
$0
Vacancy / Maint / Mgmt
$539
Net cashflow
$674

Break-even live

Break-even rent $1,714
Max offer price $230,000
Occupancy floor 69%

Sensitivity live

Price -10% $805 -5% $740 +0% $674 +5% $609 +10% $544
Rent -10% $472 -5% $573 +0% $674 +5% $776 +10% $877
Rate -1.0pp $790 -0.5pp $733 base $674 +0.5pp $615 +1.0pp $554

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
$57,500
Closing costs
$6,900
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 2 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1465 Admiral Nimitz Ave Daytona Beach, FL 3.0 2.0 1420 $2,200 $1.55 24d 1 0.09mi
38 General Doolittle Rd Unit NA Daytona Beach, FL 3.0 2.0 1135 $2,200 $1.94 24d 1 0.27mi

Listing history 10 events

  1. 2026-03-19
    status Pending
  2. 2026-03-17
    status Pending 900-char remark
    Show marketing remark (900 chars)

    NEW LISTING OPPORTUNITY! 3-bedroom, 2-bath home with a fully fenced front and backyard. Features include a steel roof installed in 2017, new high-impact windows, a new hot water heater, and tile flooring throughout. Concrete construction, stucco exterior and chain-link fencing provide durability, security and low maintenance, and there is no HOA to limit how you live or store your toys. The home offers a functional layout with strong bones and the opportunity for light cosmetic updates to make it your own. Conveniently located near shopping, dining, and major roadways, with quick access to the interstate and just a short drive to the beach. A practical home with key upgrades already completed, outdoor space to enjoy, and a location that makes everyday living easy. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed.

  3. 2026-03-03
    price $219,000 900-char remark
    Show marketing remark (900 chars)

    NEW LISTING OPPORTUNITY! 3-bedroom, 2-bath home with a fully fenced front and backyard. Features include a steel roof installed in 2017, new high-impact windows, a new hot water heater, and tile flooring throughout. Concrete construction, stucco exterior and chain-link fencing provide durability, security and low maintenance, and there is no HOA to limit how you live or store your toys. The home offers a functional layout with strong bones and the opportunity for light cosmetic updates to make it your own. Conveniently located near shopping, dining, and major roadways, with quick access to the interstate and just a short drive to the beach. A practical home with key upgrades already completed, outdoor space to enjoy, and a location that makes everyday living easy. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed.

  4. 2026-02-06
    status Active 900-char remark
    Show marketing remark (900 chars)

    NEW LISTING OPPORTUNITY! 3-bedroom, 2-bath home with a fully fenced front and backyard. Features include a steel roof installed in 2017, new high-impact windows, a new hot water heater, and tile flooring throughout. Concrete construction, stucco exterior and chain-link fencing provide durability, security and low maintenance, and there is no HOA to limit how you live or store your toys. The home offers a functional layout with strong bones and the opportunity for light cosmetic updates to make it your own. Conveniently located near shopping, dining, and major roadways, with quick access to the interstate and just a short drive to the beach. A practical home with key upgrades already completed, outdoor space to enjoy, and a location that makes everyday living easy. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed.

  5. 2026-02-06
    status Active
    Show marketing remark (900 chars)

    NEW LISTING OPPORTUNITY! 3-bedroom, 2-bath home with a fully fenced front and backyard. Features include a steel roof installed in 2017, new high-impact windows, a new hot water heater, and tile flooring throughout. Concrete construction, stucco exterior and chain-link fencing provide durability, security and low maintenance, and there is no HOA to limit how you live or store your toys. The home offers a functional layout with strong bones and the opportunity for light cosmetic updates to make it your own. Conveniently located near shopping, dining, and major roadways, with quick access to the interstate and just a short drive to the beach. A practical home with key upgrades already completed, outdoor space to enjoy, and a location that makes everyday living easy. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed.

  6. 2026-01-24
    status Pending
  7. 2026-01-23
    status Pending 900-char remark
    Show marketing remark (900 chars)

    NEW LISTING OPPORTUNITY! 3-bedroom, 2-bath home with a fully fenced front and backyard. Features include a steel roof installed in 2017, new high-impact windows, a new hot water heater, and tile flooring throughout. Concrete construction, stucco exterior and chain-link fencing provide durability, security and low maintenance, and there is no HOA to limit how you live or store your toys. The home offers a functional layout with strong bones and the opportunity for light cosmetic updates to make it your own. Conveniently located near shopping, dining, and major roadways, with quick access to the interstate and just a short drive to the beach. A practical home with key upgrades already completed, outdoor space to enjoy, and a location that makes everyday living easy. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed.

  8. 2025-12-30
    listed $230,000 Active 900-char remark
    Show marketing remark (900 chars)

    NEW LISTING OPPORTUNITY! 3-bedroom, 2-bath home with a fully fenced front and backyard. Features include a steel roof installed in 2017, new high-impact windows, a new hot water heater, and tile flooring throughout. Concrete construction, stucco exterior and chain-link fencing provide durability, security and low maintenance, and there is no HOA to limit how you live or store your toys. The home offers a functional layout with strong bones and the opportunity for light cosmetic updates to make it your own. Conveniently located near shopping, dining, and major roadways, with quick access to the interstate and just a short drive to the beach. A practical home with key upgrades already completed, outdoor space to enjoy, and a location that makes everyday living easy. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed.

  9. 2025-12-30
    listed $230,000 Active
    Show marketing remark (900 chars)

    NEW LISTING OPPORTUNITY! 3-bedroom, 2-bath home with a fully fenced front and backyard. Features include a steel roof installed in 2017, new high-impact windows, a new hot water heater, and tile flooring throughout. Concrete construction, stucco exterior and chain-link fencing provide durability, security and low maintenance, and there is no HOA to limit how you live or store your toys. The home offers a functional layout with strong bones and the opportunity for light cosmetic updates to make it your own. Conveniently located near shopping, dining, and major roadways, with quick access to the interstate and just a short drive to the beach. A practical home with key upgrades already completed, outdoor space to enjoy, and a location that makes everyday living easy. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed.

  10. 1980-09-01
    soldstatus $31,000

ⓘ 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
$623 · $52/mo
Projected year-2 tax
$1,909 · $159/mo
Expected delta
+$1,286/yr (+$107/mo · 206.5%)

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

Climate risk First Street

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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$30,810
− Mortgage interest
−$12,884
− Property taxes
−$623
− Insurance
−$1,150
− Repairs & maintenance
−$2,465
− Management
−$2,465
− Depreciation
−$6,691
Taxable income
$4,533
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,088
After-tax cash flow
$7,005/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

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

+606.5% since first listed
10 events — show timeline
  • 2026-03-19 Pending Stellar MLS as Distributed by MLS Grid
  • 2026-03-17 Pending Daytona MLS
  • 2026-03-03 Price Changed $219,000 Daytona MLS
  • 2026-02-06 Relisted Daytona MLS
  • 2026-02-06 Relisted Stellar MLS as Distributed by MLS Grid
  • 2026-01-24 Pending Stellar MLS as Distributed by MLS Grid
  • 2026-01-23 Pending Daytona MLS
  • 2025-12-30 Listed $230,000 Daytona MLS
  • 2025-12-30 Listed $230,000 Stellar MLS as Distributed by MLS Grid
  • 1980-09-01 Sold (Public Records) $31,000 Public Records

Property tax history

+2.3%/yr

Latest (2025): $623 · +2.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…