53 High Ridge Rd · Daytona Beach, FL 32117

$260,000

4 bd · 2.0 ba · 1,117 sqft · SingleFamily public records · 9 Days on market

Built 1962 7,575 sqft lot

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Why this score? — see what drove the D grade

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

• Cash flow +13.6/30.0
• ARV discount +7.5/15.0
• Livability +4.2/5.0
• DSCR +4.1/10.0
• 1% rule +3.9/10.0
• Schools +3.9/10.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to 53 High Ridge Rd, a meticulously maintained 4-bedroom, 2-bath home that perfectly captures the essence of Florida living. From the moment you arrive, the charming curb appeal, sitting up high is evident with its clean exterior, extended driveway, and vibrant landscaping. Step inside to discover updated interiors featuring modern flooring throughout. The living room, primary bath, and office have all received a fresh coat of paint, enhancing the inviting atmosphere. The spacious primary suite showcases elegant gray tones, ample room for furniture, and a sleek wall-mounted mini-split system that ensures comfort year-round. New windows and slider make the home feel fresh! The functi

Key facts

• Modern flooring
• Fresh coat of paint
• Updated interiors

Tags

• EXTENDED DRIVEWAY
• VIBRANT LANDSCAPING
• UPDATED INTERIORS
• MODERN FLOORING
• FRESH COAT OF PAINT
• NEW WINDOWS

Property features AI

Finance

• Other: Residential single-family property; Zoning: 01R4
• HOA & community: No association indicated; Located in the San Juan Acres development

Exterior

• Utilities: Public water; Public sewer; Cable available; Electricity connected
• Home design: Single-family residence; One story; South-facing
• Construction: Brick, concrete and stucco construction; Shingle roof; Block foundation; Built on a lot of approximately 0.17 acres (75 x 101)
• Exterior features: Sliding doors; Outdoor storage; Private heated in-ground pool; Private spa

Interior

• Kitchen: Cooktop; Range; Refrigerator; Kitchen open to family room
• Bedrooms: 4 bedrooms
• Flooring: Laminate flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Kitchen/family room combo; Blinds on windows
• Laundry & utility: Interior laundry; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $260k.

Deal economics

• At list price, monthly cash flow is $13 ($150/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $232k (10.9% below list).
• Recommended offer: $232k (10.9% 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 (+1.0%/yr); 333 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 3,402 units permitted in Volusia County in 2024 (681 in 5+ unit buildings).
• At $2,317/mo this rent would consume 49% of the median local household income ($56k/yr) (locally 1781% 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 (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Volusia County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 14y ago 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

• Climate carrying-cost: 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 $231,742 (10.9% below list)

Questions for the listing agent

1. Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
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: 0.89% ✗
• Cap rate: 6.35%
• Cash-on-cash: 0.21%
• DSCR: 1.01
• GRM: 9.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.01% rent growth · sell at horizon

5-year hold

• IRR: -18.2%
• Equity multiple: 0.37×
• Total profit: $-45,834
• Equity at exit: $38,767

10-year hold

• IRR: -15.0%
• Equity multiple: 0.22×
• Total profit: $-56,627
• Equity at exit: $22,480

Cash invested: $72,800 (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 32117

• Home prices YoY: -8.2%
• Rents YoY: 1.0%
• Active inventory: 333
• Price-to-rent: 9.3×

Monthly cashflow live

• Estimated rent: $2,317 high
• Mortgage (P&I): −$1,363
• Tax from tax record: −$346 /mo · $4,157/yr
• Insurance: −$108
• HOA: −$0
• Vacancy / Maint / Mgmt: −$487
• Net cashflow: $13

Break-even live

Break-even rent $2,302

Max offer price $260,000

Occupancy floor 94%

Sensitivity live

Price	-10% $160	-5% $86	+0% $13	+5% $-61	+10% $-135
Rent	-10% $-171	-5% $-79	+0% $13	+5% $104	+10% $196
Rate	-1.0pp $143	-0.5pp $79	base $13	+0.5pp $-55	+1.0pp $-123

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: $65,000
• Closing costs: $7,800
• Reserves months: —
• Total cash needed: —

Rent comps 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1512 Richmond Ave Unit 1546284P Daytona Beach, FL	3.0	2.0	1173	$3,226	$2.75	16d	1	0.38mi
100 Windflower LN Daytona Beach, FL	1.0–3.0	1.0–2.0	1021	$2,516	$2.46	13d	63	0.40mi
101 Claysburg LN Holly Hill, FL	1.0–3.0	1.0–2.0	1163	$2,800	$2.41	16d	25	0.40mi
108 San Mardeen Ct Daytona Beach, FL	3.0	2.0	1500	$2,650	$1.77	25d	1	0.47mi
1615 Derbyshire Rd Daytona Beach, FL	3.0	1.5	1000	$1,950	$1.95	16d	1	0.49mi
1600 Lpga Blvd Daytona Beach, FL	1.0–3.0	1.0–2.0	1045	$2,622	$2.51	13d	21	0.56mi
1235 Alcazar St Daytona Beach, FL	3.0	2.0	1498	$2,100	$1.40	25d	1	0.57mi
1435 Atlanta Dr Daytona Beach, FL	3.0	1.0	1200	$1,800	$1.50	25d	1	0.62mi
1224 10th St Daytona Beach, FL	3.0	1.0	1284	$1,550	$1.21	16d	1	0.63mi
1420 Alabama Ave Daytona Beach, FL	4.0	2.0	1367	$1,824	$1.33	21d	1	0.73mi
1575 Megan Bay Cir Daytona Beach, FL	3.0	2.0	1232	$1,800	$1.46	25d	1	0.78mi
1262 Essex Rd Daytona Beach, FL	3.0	2.0	1500	$1,900	$1.27	25d	1	0.90mi
1851 Lpga Blvd Daytona Beach, FL	1.0–3.0	1.0–3.0	966	$2,516	$2.60	13d	49	0.91mi
1767 Valencia Ave Ormond Beach, FL	4.0	2.0	1216	$2,100	$1.73	25d	1	0.92mi
1500 Alexis AVE Daytona Beach, FL	1.0–3.0	1.0–2.0	1003	$2,205	$2.20	13d	32	0.97mi
100 Integra Shores Dr Daytona Beach, FL	2.0–3.0	2.0	1126	$1,725	$1.53	13d	6	1.10mi
638 LPGA Blvd Unit B Daytona Beach, FL	3.0	2.0	1111	$2,490	$2.24	25d	1	1.18mi
1014 Indian Oaks E Daytona Beach, FL	3.0	2.0	1500	$2,650	$1.77	25d	1	1.21mi
1610 N Clyde Morris Blvd Daytona Beach, FL	1.0–3.0	1.0–2.0	1020	$2,583	$2.53	21d	45	1.28mi
1012 Cadillac Dr Daytona Beach, FL	3.0	2.0	1353	$1,650	$1.22	25d	1	1.29mi
875 Derbyshire Rd Daytona Beach, FL	3.0	1.0–2.0	835	$1,299	$1.56	13d	11	1.31mi
1381 N Clyde Morris Blvd Daytona Beach, FL	1.0–3.0	1.0–2.0	919	$1,964	$2.14	13d	10	1.35mi
100 Alva Cir Daytona Beach, FL	1.0–3.0	1.0–2.0	1140	$2,245	$1.97	13d	12	1.40mi
1013 Lewis Dr Daytona Beach, FL	3.0	1.5	1475	$1,850	$1.25	25d	1	1.40mi

Listing history 7 events

1. 2026-06-22
   days on market $260,000 Active 9 DOM
2. 2026-06-18
   days on market $260,000 Active 6 DOM
3. 2026-06-17
   days on market $260,000 Active 5 DOM
4. 2026-06-16
   days on market $260,000 Active 4 DOM
5. 2026-06-15
   days on market $260,000 Active 3 DOM
6. 2026-06-14
   remarks 699-char remark
7. 2026-06-14
   listed $260,000 Active 1 DOM

ⓘ 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: $4,157 · $346/mo
• Projected year-2 tax: $4,157 · $346/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 4/10 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 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,809
• − Mortgage interest: −$14,564
• − Property taxes: −$4,157
• − Insurance: −$1,300
• − Repairs & maintenance: −$2,225
• − Management: −$2,225
• − Depreciation: −$7,564
• Taxable loss: −$4,225
• Est. tax savings @ 24.0%: +$1,014
• After-tax cash flow: $1,164/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): 30,955
• Household income: $56,419
• Rent vs Own: 52.3% rent · 47.7% own
• Severe rent burden: 1781.0

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 0.63)
• Race & ethnicity: White 53% Black 27% Hispanic / Latino 10% Two or more races 9% Asian 3%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3%
• Common ancestry: Romanian 2% Lithuanian 2% Slovak 1%
• Foreign-born: 8% · Canada, Vietnam, Jamaica
• Languages at home: 86% English-only · Spanish 8% Vietnamese 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: ▼ -96.62%
• Current HPI: 1084.54
• Rent YoY: ▲ 1.01%
• 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

+340.7% since first listed

19 events — show timeline

• 2026-06-12 Listed $260,000 Stellar MLS as Distributed by MLS Grid
• 2026-05-01 Rental Removed $2,495 APPFOLIO
• 2026-04-09 Price Changed $2,495 APPFOLIO
• 2026-04-01 Listed for Rent $2,595 APPFOLIO
• 2026-03-05 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-02-21 Listed $270,000 Stellar MLS as Distributed by MLS Grid
• 2024-06-11 Listing Removed — Daytona MLS
• 2024-06-11 Sold (Public Records) $233,900 Public Records
• 2024-05-01 Contingent — Daytona MLS
• 2024-04-08 Price Changed $224,900 Daytona MLS
• 2024-03-29 Price Changed $229,900 Daytona MLS
• 2024-03-18 Price Changed $239,400 Daytona MLS
• 2024-02-16 Price Changed $239,900 Daytona MLS
• 2024-02-13 Price Changed $248,000 Daytona MLS
• 2024-02-01 Price Changed $248,500 Daytona MLS
• 2023-12-04 Price Changed $249,000 Daytona MLS
• 2023-11-10 Listed $269,000 Daytona MLS
• 2013-05-31 Listing Removed — realMLS
• 2012-05-31 Listed $59,000 realMLS

Property tax history

+11.5%/yr

Latest (2025): $4,157 · +254.1% YoY. Source: county tax records.