2008 Hickorywood Dr · South Daytona, FL 32119

$147,000

3 bd · 2.0 ba · 1,344 sqft · Manufactured public records · 83 Days on market

Built 1975 5,562 sqft lot

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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 +29.1/30.0
• DSCR +10.0/10.0
• 1% rule +8.1/10.0
• ARV discount +7.5/15.0
• Livability +4.0/5.0
• Schools +3.9/10.0
• Condition / age +2.5/5.0
• Rent growth +2.0/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming Double -Wide on a Beautiful Pond – What a Deal! Wake up to peaceful pond views in this well-maintained Double -wide featuring newer flooring and an updated kitchen that gives the home a fresh, modern feel. The location is truly unbeatable — just minutes from the beach, close to I-4 for easy commuting, and conveniently near Atlantic High School and great shopping. Everything you need is right at your fingertips! Whether you’re looking for an affordable primary residence, winter retreat, or investment opportunity, this one checks all the boxes. Incredible value at this price — don’t miss your chance!

Key facts

• Pond views
• Updated kitchen
• Great shopping

Tags

• POND VIEWS
• UPDATED KITCHEN
• MINUTES FROM THE BEACH
• CLOSE TO I-4
• NEAR ATLANTIC HIGH SCHOOL
• GREAT SHOPPING

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $147k.

Deal economics

• At list price, monthly cash flow is $79 ($947/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $147k).
• Recommended offer: $138k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 80/100 on livability (#114 in FL, #1,755 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, cost of living A+, housing A+; Watch: schools D, employment D, commute F.
• Volusia (suburban): math 44% / reading 49% proficiency, ranked #47 of 73 in FL (top 64%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents soft (-2.0%/yr); 280 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 3,402 units permitted in Volusia County in 2024 (681 in 5+ unit buildings).
• This rent runs 41% of the median local income ($57k/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 $4k 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 83 days — a 6% lower offer ($138k) is reasonable based on typical stale-listing flexibility.
• 3 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.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $138,180 (6.0% below list)

Questions for the listing agent

1. It's been on market 83 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. 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.
8. 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.
9. 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: 1.31% ✓
• Cap rate: 10.42%
• Cash-on-cash: 14.74%
• DSCR: 1.66
• GRM: 6.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -17.3%
• Equity multiple: 0.41×
• Total profit: $-24,146
• Equity at exit: $21,918

10-year hold

• IRR: -20.0%
• Equity multiple: 0.15×
• Total profit: $-35,182
• Equity at exit: $12,710

Cash invested: $41,160 (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 32119

• Rents YoY: -2.0%
• Active inventory: 280
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $1,926 high
• Mortgage (P&I): −$771
• Tax est. 1.5%: −$184 /mo · $2,205/yr
• Insurance: −$61
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$404
• Net cashflow: $79

Break-even live

Break-even rent $1,826

Max offer price $147,000

Occupancy floor 91%

Sensitivity live

Price	-10% $181	-5% $130	+0% $79	+5% $28	+10% $-23
Rent	-10% $-73	-5% $3	+0% $79	+5% $155	+10% $231
Rate	-1.0pp $153	-0.5pp $116	base $79	+0.5pp $41	+1.0pp $2

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: $36,750
• Closing costs: $4,410
• Reserves months: —
• Total cash needed: —

Rent comps 34 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2208 Flourescent Way South Daytona, FL	3.0	2.5	1400	$2,300	$1.64	24d	1	0.11mi
2313 Incandescent Way Unit 1 South Daytona, FL	3.0	2.5	1500	$1,900	$1.27	15d	1	0.15mi
2085 Oak Meadow Cir South Daytona, FL	3.0	2.0	1632	$1,900	$1.16	15d	1	0.19mi
17 Kimberly Ct Daytona Beach, FL	2.0	2.0	896	$1,299	$1.45	24d	1	0.34mi
900 Boulder Dr South Daytona, FL	2.0	1.0	939	$1,850	$1.97	24d	1	0.37mi
10 Harbor Cove Ct Daytona Beach, FL	3.0	2.0	1456	$1,499	$1.03	24d	1	0.44mi
793 Aspen Dr South Daytona, FL	2.0	2.0	1300	$1,940	$1.49	24d	1	0.54mi
1952 Menger Cir South Daytona, FL	3.0	2.0	1600	$2,300	$1.44	24d	1	0.55mi
910 Carey Dr South Daytona, FL	3.0	2.0	1529	$2,500	$1.64	24d	1	0.64mi
716 Boston Ave South Daytona, FL	2.0	2.0	1373	$2,100	$1.53	15d	1	0.77mi
1505 Edgewater Rd Daytona Beach, FL	3.0	2.0	1209	$1,800	$1.49	24d	1	0.83mi
1200 Floral Springs Blvd Port Orange, FL	1.0–3.0	1.0–2.0	1047	$2,175	$2.08	12d	81	0.84mi
535 Olive St South Daytona, FL	2.0	1.0	1024	$1,725	$1.68	12d	1	0.95mi
1436 Suwanee Rd Daytona Beach, FL	4.0	2.0	1823	$2,500	$1.37	24d	1	0.96mi
1270 Reed Canal Rd Port Orange, FL	1.0–3.0	1.0–2.0	1001	$2,137	$2.13	12d	29	0.98mi
1756 S Clyde Morris Blvd Daytona Beach, FL	1.0–2.0	1.0–2.0	850	$1,650	$1.94	24d	8	1.09mi
2203 Nottingham Rd South Daytona, FL	4.0	2.0	1600	$2,400	$1.50	24d	1	1.12mi
2050 S Ridgewood Ave South Daytona, FL	1.0–2.0	1.0–1.5	818	$1,450	$1.77	24d	1	1.14mi
110 Dolphin Fleet Cir Daytona Beach, FL	1.0–3.0	1.0–2.5	1125	$2,124	$1.89	12d	20	1.16mi
121 Westwood Dr Daytona Beach, FL	3.0	2.0	1548	$2,300	$1.49	15d	1	1.29mi
2275 Granada Dr Unit 1 South Daytona, FL	2.0	2.0	1000	$1,600	$1.60	24d	1	1.29mi
1401 Reed Canal Rd Port Orange, FL	1.0–3.0	1.0–2.0	1045	$2,125	$2.03	15d	25	1.29mi
1400 Hancock Blvd Daytona Beach, FL	1.0–2.0	1.0–2.0	800	$1,483	$1.85	12d	11	1.33mi
3537 Forest Branch Dr Unit A Port Orange, FL	3.0	2.0	1352	$1,950	$1.44	12d	1	1.35mi
2140 S Palmetto Ave South Daytona, FL	2.0	1.5	1100	$1,499	$1.36	24d	1	1.35mi
1830 S Palmetto Ave Unit 4 South Daytona, FL	2.0	1.0	900	$1,450	$1.61	24d	1	1.37mi
2250 S Palmetto Ave South Daytona, FL	2.0	2.5	1386	$1,600	$1.15	24d	1	1.38mi
488 Autumn Trl Port Orange, FL	3.0	2.0	1393	$1,499	$1.08	24d	1	1.41mi
1420 New Bellevue Ave Daytona Beach, FL	1.0–2.0	1.0–2.0	800	$1,554	$1.94	12d	9	1.41mi
1174 Margina Ave Daytona Beach, FL	3.0	2.0	1190	$2,340	$1.97	24d	1	1.43mi
480 Reed Canal Rd #57 South Daytona, FL	2.0	1.5	1024	$1,550	$1.51	24d	1	1.45mi
100 Lakewood Village Cir Daytona Beach, FL	2.0	1.5	1212	$1,800	$1.49	15d	1	1.46mi
1504 Virginia Ave Daytona Beach, FL	1.0–2.0	1.0–2.0	842	$1,650	$1.96	24d	3	1.48mi
1500 Virginia Ave Daytona Beach, FL	2.0	2.0	910	$1,475	$1.62	24d	1	1.50mi

Listing history 15 events

1. 2026-06-18
   days on market $147,000 Active 83 DOM
2. 2026-06-17
   days on market $147,000 Active 82 DOM
3. 2026-06-16
   days on market $147,000 Active 81 DOM
4. 2026-06-15
   days on market $147,000 Active 80 DOM
5. 2026-06-14
   pricedays on market $147,000 Active 78 DOM
6. 2026-06-10
   days on market $153,000 Active 75 DOM
7. 2026-06-09
   days on market $153,000 Active 74 DOM
8. 2026-06-08
   days on market $153,000 Active 73 DOM
9. 2026-06-07
   days on market $153,000 Active 72 DOM
10. 2026-06-05
    status $153,000 Active 69 DOM
11. 2026-05-02
    status Active 647-char remark

    Show marketing remark (647 chars)

    Charming Double -Wide on a Beautiful Pond – What a Deal! Wake up to peaceful pond views in this well-maintained Double -wide featuring newer flooring and an updated kitchen that gives the home a fresh, modern feel. The location is truly unbeatable — just minutes from the beach, close to I-4 for easy commuting, and conveniently near Atlantic High School and great shopping. Everything you need is right at your fingertips! Whether you’re looking for an affordable primary residence, winter retreat, or investment opportunity, this one checks all the boxes. Incredible value at this price — don’t miss your chance!

12. 2026-04-24
    status Pending 647-char remark

    Show marketing remark (647 chars)

    Charming Double -Wide on a Beautiful Pond – What a Deal! Wake up to peaceful pond views in this well-maintained Double -wide featuring newer flooring and an updated kitchen that gives the home a fresh, modern feel. The location is truly unbeatable — just minutes from the beach, close to I-4 for easy commuting, and conveniently near Atlantic High School and great shopping. Everything you need is right at your fingertips! Whether you’re looking for an affordable primary residence, winter retreat, or investment opportunity, this one checks all the boxes. Incredible value at this price — don’t miss your chance!

13. 2026-04-07
    status Active 647-char remark

    Show marketing remark (647 chars)

    Charming Double -Wide on a Beautiful Pond – What a Deal! Wake up to peaceful pond views in this well-maintained Double -wide featuring newer flooring and an updated kitchen that gives the home a fresh, modern feel. The location is truly unbeatable — just minutes from the beach, close to I-4 for easy commuting, and conveniently near Atlantic High School and great shopping. Everything you need is right at your fingertips! Whether you’re looking for an affordable primary residence, winter retreat, or investment opportunity, this one checks all the boxes. Incredible value at this price — don’t miss your chance!

14. 2026-03-22
    status Pending 647-char remark

    Show marketing remark (647 chars)

    Charming Double -Wide on a Beautiful Pond – What a Deal! Wake up to peaceful pond views in this well-maintained Double -wide featuring newer flooring and an updated kitchen that gives the home a fresh, modern feel. The location is truly unbeatable — just minutes from the beach, close to I-4 for easy commuting, and conveniently near Atlantic High School and great shopping. Everything you need is right at your fingertips! Whether you’re looking for an affordable primary residence, winter retreat, or investment opportunity, this one checks all the boxes. Incredible value at this price — don’t miss your chance!

15. 2026-02-20
    listed $153,000 Active 647-char remark

    Show marketing remark (647 chars)

    Charming Double -Wide on a Beautiful Pond – What a Deal! Wake up to peaceful pond views in this well-maintained Double -wide featuring newer flooring and an updated kitchen that gives the home a fresh, modern feel. The location is truly unbeatable — just minutes from the beach, close to I-4 for easy commuting, and conveniently near Atlantic High School and great shopping. Everything you need is right at your fingertips! Whether you’re looking for an affordable primary residence, winter retreat, or investment opportunity, this one checks all the boxes. Incredible value at this price — don’t miss your chance!

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

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone AE · 59% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥105°F today · 18 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: $23,109
• − Mortgage interest: −$8,234
• − Property taxes: −$2,205
• − Insurance: −$5,854
• − Repairs & maintenance: −$1,849
• − Management: −$1,849
• − Depreciation: −$4,276
• Taxable loss: −$1,158
• Est. tax savings @ 24.0%: +$278
• After-tax cash flow: $1,225/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 — South Daytona

• Score: 80/100
• State rank: #114
• US rank: #1755

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: South Daytona, FL
• County: Volusia County · 556,871 people
• City population: 22,348
• Metro: Deltona-Daytona Beach-Ormond Beach, FL
• Population (ZIP): 22,348
• Household income: $56,862
• Rent vs Own: 36.6% rent · 63.4% own
• Severe rent burden: 1158.0

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 (75%)
• Race & ethnicity: White 75% Black 10% Hispanic / Latino 9% Two or more races 5% Asian 2%
• Hispanic origin (detail): Puerto Rican 4%
• Common ancestry: Lithuanian 2% Slovak 2% Romanian 2%
• Foreign-born: 9% · Canada, South Korea, Jamaica
• Languages at home: 87% English-only · Spanish 7% Other Indo-European 2% German/W. Germanic 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: ▼ -247.99%
• Current HPI: 309.304
• Rent YoY: ▼ -2.01%
• 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

5 events — show timeline

• 2026-05-02 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-04-24 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-07 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-03-22 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-02-20 Listed $153,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+0.3%/yr

Latest (2022): $6 · +33.8% YoY. Source: county tax records.