1113 Clearwater Rd · Daytona Beach, FL 32114

$215,000

2 bd · 1.5 ba · 864 sqft · SingleFamily public records · 130 Days on market

Built 1962 7,405 sqft lot ↓ 14% since listing

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Why this score? — see what drove the F 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 +7.6/30.0
• ARV discount +7.5/15.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +3.4/5.0
• Condition / age +2.5/5.0
• DSCR +1.7/10.0
• 1% rule +1.4/10.0
• Appreciation +0.0/10.0

Listing remarks

Perfect first-time buyer and fixer-upper opportunity in a quiet, established community. This three-bedroom, two-bath home features a large covered back patio and a shuffleboard court in the backyard—ideal for entertaining. Conveniently located near I-95, the marina, beaches, intracoastal, racetrack, Embry-Riddle Aeronautical University, shopping, and dining. Don't miss this great opportunity.

Key facts

• Near intracoastal
• Shuffleboard court
• Near marina

Tags

• LARGE COVERED BACK PATIO
• SHUFFLEBOARD COURT
• CONVENIENTLY LOCATED NEAR I-95
• NEAR MARINA
• NEAR BEACHES
• NEAR INTRACOASTAL

Property features AI

Finance

• Other: Pets allowed

Exterior

• Parking: Off-street parking
• Utilities: Public water; Public sewer; Electricity connected; Cable available; Water connected; Sewer connected
• Home design: Single family residence; One story
• Construction: Block foundation; Shingle roof
• Exterior features: Front porch; Patio; Back yard fencing; Paved, public-maintained city street access; Lot approximately 0.17 acres (68 ft x 115 ft)

Interior

• Kitchen: Electric range/oven/cooktop; Refrigerator
• Flooring: Terrazzo
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air; Ceiling fan(s)
• Interior features: Ceiling fans; Eat-in kitchen; 6 total rooms
• Laundry & utility: Stacked washer/dryer; Washer; Dryer; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath single-family listed at $215k.

Deal economics

• At list price, monthly cash flow is $-260 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $169k (21.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $138k (36.0% below list).
• Recommended offer: $138k (36.0% 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: Turie T. Small Elementary School (math 35% / reading 29%, grade F, #1,797 of 2,144 statewide, top 86%, 383 students, 91% FRL); Campbell Middle School (math 28% / reading 30%, grade F, #479 of 571 statewide, top 84%, 855 students, 80% FRL); Mainland High School (math 30% / reading 37%, grade F, #400 of 667 statewide, top 61%, 1,855 students, 64% FRL) — zoned schools average 78% FRL vs 51% district-wide (28 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 32% at this address vs 46% district-wide (-15 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 (+3.6%/yr); 317 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 3,402 units permitted in Volusia County in 2024 (681 in 5+ unit buildings).
• This rent runs 40% of the median local income ($42k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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 130 days — a 12% lower offer ($189k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

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

Recommended offer $137,660 (36.0% 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 130 days. Have you received any prior offers? Is the seller open to a 36% concession, seller financing, or rate buy-down credit?
3. Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 0.64% ✗
• Cap rate: 4.84%
• Cash-on-cash: -5.19%
• DSCR: 0.77
• GRM: 13.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.57% rent growth · sell at horizon

5-year hold

• IRR: -24.6%
• Equity multiple: 0.16×
• Total profit: $-50,691
• Equity at exit: $32,057

10-year hold

• IRR: -19.0%
• Equity multiple: -0.04×
• Total profit: $-62,456
• Equity at exit: $18,589

Cash invested: $60,200 (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 32114

• Home prices YoY: -21.8%
• Rents YoY: 3.6%
• Active inventory: 317
• Price-to-rent: 13.0×

Monthly cashflow live

• Estimated rent: $1,377 high
• Mortgage (P&I): −$1,127
• Tax from tax record: −$131 /mo · $1,570/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$289
• Net cashflow: $-260

Break-even live

Break-even rent $1,706

Max offer price $169,009

Occupancy floor —

Sensitivity live

Price	-10% $-139	-5% $-199	+0% $-260	+5% $-321	+10% $-382
Rent	-10% $-369	-5% $-315	+0% $-260	+5% $-206	+10% $-152
Rate	-1.0pp $-152	-0.5pp $-206	base $-260	+0.5pp $-316	+1.0pp $-373

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: $53,750
• Closing costs: $6,450
• Reserves months: —
• Total cash needed: —

Rent comps 26 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1220 S Nova Rd Daytona Beach, FL	1.0	1.0	576	$955	$1.66	13d	11	0.23mi
886 S Nova Rd Daytona Beach, FL	1.0–2.0	1.0	685	$1,260	$1.84	13d	10	0.47mi
1401 S Clyde Morris Blvd Daytona Beach, FL	1.0	1.0	576	$1,272	$2.21	25d	5	0.57mi
1017 June Ter Lot 6 Daytona Beach, FL	2.0	1.0	700	$1,350	$1.93	25d	1	0.60mi
1420 New Bellevue Ave Daytona Beach, FL	1.0–2.0	1.0–2.0	800	$1,554	$1.94	13d	9	0.72mi
1400 Hancock Blvd Daytona Beach, FL	1.0–2.0	1.0–2.0	800	$1,483	$1.85	13d	11	0.74mi
17 Kimberly Ct Daytona Beach, FL	2.0	2.0	896	$1,299	$1.45	25d	1	0.84mi
908 Lora St Unit A Daytona Beach, FL	2.0	1.0	775	$1,300	$1.68	25d	1	0.88mi
940 Lockhart St Daytona Beach, FL	3.0	2.0	1071	$1,850	$1.73	21d	1	0.88mi
751 Bellevue Ave Unit 1 Daytona Beach, FL	2.0	1.0	816	$1,390	$1.70	25d	1	0.97mi
700 Northern Rd Unit 728 South Daytona, FL	1.0	1.0	774	$1,240	$1.60	25d	1	1.01mi
900 Boulder Dr South Daytona, FL	2.0	1.0	939	$1,850	$1.97	25d	1	1.02mi
132 Forest Lake Blvd Daytona Beach, FL	1.0–2.0	1.0–2.0	706	$1,421	$2.01	16d	13	1.11mi
1757 S Clyde Morris Blvd Daytona Beach, FL	2.0	1.0	850	$1,392	$1.64	16d	3	1.13mi
1756 S Clyde Morris Blvd Daytona Beach, FL	1.0–2.0	1.0–2.0	850	$1,650	$1.94	25d	8	1.18mi
1739 Eastern Rd South Daytona, FL	1.0	1.0	800	$1,099	$1.37	16d	1	1.34mi
1822 S Clyde Morris Blvd Unit 1822-1 Daytona Beach, FL	2.0	2.0	850	$1,325	$1.56	16d	1	1.36mi
1350 Virginia Ave Apt 17 Daytona Beach, FL	2.0	2.0	950	$1,399	$1.47	25d	1	1.38mi
1500 Virginia Ave Daytona Beach, FL	2.0	2.0	910	$1,475	$1.62	25d	1	1.39mi
311 Country Club Oval Unit 311-112 Daytona Beach, FL	2.0	1.0	940	$1,375	$1.46	16d	1	1.40mi
311 Country Club Oval Unit 311-203 Daytona Beach, FL	1.0	1.0	578	$1,250	$2.16	25d	1	1.40mi
311 Country Club Oval Unit 311-208 Daytona Beach, FL	1.0	1.0	578	$1,095	$1.89	25d	1	1.40mi
313 Country Club Oval Unit 313-4 Daytona Beach, FL	1.0	1.0	650	$1,250	$1.92	25d	1	1.40mi
315 Wilder Blvd Daytona Beach, FL	2.0	1.0	850	$1,075	$1.26	25d	1	1.41mi
1504 Virginia Ave Daytona Beach, FL	1.0–2.0	1.0–2.0	842	$1,650	$1.96	25d	3	1.41mi
535 Olive St South Daytona, FL	2.0	1.0	1024	$1,725	$1.68	13d	1	1.50mi

Listing history 5 events

1. 2026-05-19
   status Pending
2. 2026-04-28
   historical Active Under Contract
3. 2026-04-26
   price $215,000
4. 2026-02-03
   price $225,000
5. 2026-01-10
   listed $250,000 Active

ⓘ 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: $1,570 · $131/mo
• Projected year-2 tax: $1,784 · $149/mo
• Expected delta: +$215/yr (+$18/mo · 13.7%)

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

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 26% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥105°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 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,519
• − Mortgage interest: −$12,043
• − Property taxes: −$1,570
• − Insurance: −$1,075
• − Repairs & maintenance: −$1,322
• − Management: −$1,322
• − Depreciation: −$6,255
• Taxable loss: −$7,066
• Est. tax savings @ 24.0%: +$1,696
• After-tax cash flow: $-1,428/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): 37,747
• Household income: $41,736
• Rent vs Own: 68.5% rent · 31.5% own
• Severe rent burden: 2772.0

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: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: Black 45% White 36% Hispanic / Latino 11% Two or more races 7% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 4%
• Common ancestry: Romanian 1% Slovak 1% Lithuanian 1%
• Foreign-born: 7% · Canada, South Korea
• Languages at home: 90% English-only · Spanish 7% Arabic 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: ▼ -75.93%
• Current HPI: 272.5149
• Rent YoY: ▲ 3.57%
• 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

-14.0% since first listed

5 events — show timeline

• 2026-05-19 Pending — Daytona MLS
• 2026-04-28 Contingent — Daytona MLS
• 2026-04-26 Price Changed $215,000 Daytona MLS
• 2026-02-03 Price Changed $225,000 Daytona MLS
• 2026-01-10 Listed $250,000 Daytona MLS

Property tax history

+2.6%/yr

Latest (2025): $1,570 · +3.3% YoY. Source: county tax records.