377 Crestwind Dr · Daytona Beach, FL 32124

$325,000

3 bd · 2.0 ba · 1,494 sqft · SingleFamily public records · 41 Days on market

Built 2023 6,002 sqft lot $88/mo HOA · 3% of rent

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Why this score? — see what drove the C- 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 +18.8/30.0
• ARV discount +7.5/15.0
• DSCR +5.9/10.0
• Livability +4.2/5.0
• 1% rule +4.1/10.0
• Appreciation +4.0/10.0
• Rent growth +3.9/5.0
• Schools +3.9/10.0
• Condition / age +2.5/5.0

Listing remarks MLS

Welcome home to this beautifully maintained 3 bedroom, 2 bath home in Eagle Crest! This solid block home offers an inviting open-concept floor plan, a fully fenced yard, and is truly move-in ready—perfect for comfortable living and effortless entertaining. Nestled in an established and centrally located community, you'll enjoy unbeatable convenience with everything a 20 minute drive away! Whether you're heading to Embry-Riddle Aeronautical University, Daytona State College, Bethune-Cookman University, LPGA International golfcourse, or the famous Daytona International Speedway, the best of the area is right at your fingertips. Explore beautiful nearby beaches, indulge in fine dining, endless shopping and entertainment, and experience all the best that Florida living has to offer! Eagle Crest offers a community playground, dog park, and a 1-mile ''old Florida'' nature trail just around the corner. Don't miss your chance to make this charming home your own!

Key facts

• Fully fenced yard
• 6,002 sq ft lot
• 2 garage spots

Tags

• OPEN-CONCEPT FLOOR PLAN
• FULLY FENCED YARD
• ESTABLISHED COMMUNITY

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $325k.

Deal economics

• At list price, monthly cash flow is $327 ($4k/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 $295k (9.3% below list).
• Recommended offer: $295k (9.3% 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: schools D+, 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.
• Market conditions: Rents rising fast (+5.5%/yr); 333 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 14d 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).
• This rent runs 38% 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 $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 41 days — a 3% lower offer ($315k) is reasonable based on typical stale-listing flexibility.
• 2 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 $276k; 18% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; severe wildfire risk; extreme-heat days projected 4→11/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $294,852 (9.3% below list)

Questions for the listing agent

1. It's been on market 41 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
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. 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: 0.91% ✗
• Cap rate: 7.50%
• Cash-on-cash: 4.31%
• DSCR: 1.19
• GRM: 9.2

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: -2.8%
• Equity multiple: 0.88×
• Total profit: $-10,539
• Equity at exit: $63,282

10-year hold

• IRR: 7.3%
• Equity multiple: 1.68×
• Total profit: $61,906
• Equity at exit: $54,235

Cash invested: $91,000 (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 32124

• Home prices YoY: -0.6%
• Rents YoY: 5.5%
• Active inventory: 333
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $2,949 high
• Mortgage (P&I): −$1,704
• Tax from tax record: −$75 /mo · $896/yr
• Insurance: −$135
• HOA: −$88
• Vacancy / Maint / Mgmt: −$619
• Net cashflow: $327

Break-even live

Break-even rent $2,535

Max offer price $325,000

Occupancy floor 84%

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: $81,250
• Closing costs: $9,750
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1122 Cabot Cliffs Dr Daytona Beach, FL	3.0	2.0	1432	$3,200	$2.23	14d	1	0.60mi
1139 Belle Isle Ln Daytona Beach, FL	3.0	2.0	1429	$2,195	$1.54	14d	1	1.13mi
2220 Green Valley St Daytona Beach, FL	3.0	2.0	1540	$2,300	$1.49	23d	1	1.30mi
5135 Magnolia Palm Dr Daytona Beach, FL	3.0	2.0	1487	$2,250	$1.51	11d	1	1.31mi
1347 Belle Isle Ln Daytona Beach, FL	4.0	2.0	1846	$2,400	$1.30	23d	1	1.43mi

HOA detail

• Monthly dues: $88 · $1,056/yr

Listing history 5 events

1. 2026-01-03
   status Pending 977-char remark

   Show marketing remark (977 chars)

   Welcome home to this beautifully maintained 3 bedroom, 2 bath home in Eagle Crest! This solid block home offers an inviting open-concept floor plan, a fully fenced yard, and is truly move-in ready—perfect for comfortable living and effortless entertaining. Nestled in an established and centrally located community, you'll enjoy unbeatable convenience with everything a 20 minute drive away! Whether you're heading to Embry-Riddle Aeronautical University, Daytona State College, Bethune-Cookman University, LPGA International golfcourse, or the famous Daytona International Speedway, the best of the area is right at your fingertips. Explore beautiful nearby beaches, indulge in fine dining, endless shopping and entertainment, and experience all the best that Florida living has to offer! Eagle Crest offers a community playground, dog park, and a 1-mile ''old Florida'' nature trail just around the corner. Don't miss your chance to make this charming home your own!

2. 2026-01-02
   status Pending
3. 2025-11-22
   listed $325,000 Active 977-char remark

   Show marketing remark (977 chars)

   Welcome home to this beautifully maintained 3 bedroom, 2 bath home in Eagle Crest! This solid block home offers an inviting open-concept floor plan, a fully fenced yard, and is truly move-in ready—perfect for comfortable living and effortless entertaining. Nestled in an established and centrally located community, you'll enjoy unbeatable convenience with everything a 20 minute drive away! Whether you're heading to Embry-Riddle Aeronautical University, Daytona State College, Bethune-Cookman University, LPGA International golfcourse, or the famous Daytona International Speedway, the best of the area is right at your fingertips. Explore beautiful nearby beaches, indulge in fine dining, endless shopping and entertainment, and experience all the best that Florida living has to offer! Eagle Crest offers a community playground, dog park, and a 1-mile ''old Florida'' nature trail just around the corner. Don't miss your chance to make this charming home your own!

4. 2025-11-22
   listed $325,000 Active

   Show marketing remark (977 chars)

   Welcome home to this beautifully maintained 3 bedroom, 2 bath home in Eagle Crest! This solid block home offers an inviting open-concept floor plan, a fully fenced yard, and is truly move-in ready—perfect for comfortable living and effortless entertaining. Nestled in an established and centrally located community, you'll enjoy unbeatable convenience with everything a 20 minute drive away! Whether you're heading to Embry-Riddle Aeronautical University, Daytona State College, Bethune-Cookman University, LPGA International golfcourse, or the famous Daytona International Speedway, the best of the area is right at your fingertips. Explore beautiful nearby beaches, indulge in fine dining, endless shopping and entertainment, and experience all the best that Florida living has to offer! Eagle Crest offers a community playground, dog park, and a 1-mile ''old Florida'' nature trail just around the corner. Don't miss your chance to make this charming home your own!

5. 2023-05-22
   soldstatus $276,120

ⓘ 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: $896 · $75/mo
• Projected year-2 tax: $2,698 · $225/mo
• Expected delta: +$1,801/yr (+$150/mo · 200.9%)

ⓘ 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 8/10 Severe
• 🌡 Heat 8/10 Severe 4 d/yr ≥106°F today · 11 d/yr by 30 yrs out
• 💨 Wind 9/10 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: $35,382
• − Mortgage interest: −$18,205
• − Property taxes: −$896
• − Insurance: −$1,625
• − Repairs & maintenance: −$2,831
• − Management: −$2,831
• − HOA: −$1,056
• − Depreciation: −$9,455
• Taxable loss: −$1,516
• Est. tax savings @ 24.0%: +$364
• After-tax cash flow: $4,286/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
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+17.7% since first listed

5 events — show timeline

• 2026-01-03 Pending — Daytona MLS
• 2026-01-02 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-11-22 Listed $325,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-22 Listed $325,000 Daytona MLS
• 2023-05-22 Sold (Public Records) $276,120 Public Records

Property tax history

+307.9%/yr

Latest (2023): $896 · +307.9% YoY. Source: county tax records.