711 Flanders Ave · Daytona Beach, FL 32114

$120,000

2 bd · 1.0 ba · 876 sqft · SingleFamily public records · 62 Days on market

Built 1950 6,000 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 +29.0/30.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• 1% rule +7.2/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +3.4/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investor Alert-2 Bedroom with flex space. ROOF (Oct 2019), WATER HEATER and ELECTRIC PANEL BOX were installed in as well (2020) Nice sized lot with mature trees surround this home as well as a fenced back yard! Near shopping, restaurants, Bethune Cookman and Daytona State College. You are only a couple of miles away from Daytona's Famous Beach and less than a mile to the intra-coastal waterway.

Key facts

• Fenced back yard
• Near shopping
• Near restaurants

Tags

• FENCED BACK YARD
• NEAR SHOPPING
• NEAR RESTAURANTS
• NEAR DAYTONA STATE COLLEGE

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $286 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $120k).
• Recommended offer: $113k (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: 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 (+3.6%/yr); 310 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 42% 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 $830 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.
• At projected returns (-3.0% appreciation + 3.6% rent growth), your $34k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 62 days — a 6% lower offer ($113k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 21y ago; this cycle's ask has dropped $20k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $87k; 38% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $125/mo; built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); 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 $112,800 (6.0% below list)

Questions for the listing agent

1. It's been on market 62 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 1950 — 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: 1.22% ✓
• Cap rate: 10.40%
• Cash-on-cash: 14.67%
• DSCR: 1.65
• GRM: 6.8

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: -0.3%
• Equity multiple: 0.99×
• Total profit: $-356
• Equity at exit: $17,892

10-year hold

• IRR: 10.0%
• Equity multiple: 1.80×
• Total profit: $26,834
• Equity at exit: $10,375

Cash invested: $33,600 (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: 310
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $1,468 high
• Mortgage (P&I): −$629
• Tax from tax record: −$70 /mo · $839/yr
• Insurance: −$50
• Flood insurance flood zone: −$125 /mo · $1,502/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$308
• Net cashflow: $286

Break-even live

Break-even rent $1,107

Max offer price $120,000

Occupancy floor 76%

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: $30,000
• Closing costs: $3,600
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
119 Thomasson Ave Daytona Beach, FL	2.0	1.0	851	$1,199	$1.41	11d	2	0.25mi
430 N Charles St Unit 2 Daytona Beach, FL	2.0	1.0	650	$1,000	$1.54	21d	1	0.36mi
430 N Charles St Unit 2 Daytona Beach, FL	2.0	1.0	650	$1,000	$1.54	23d	1	0.36mi
430 N Charles St Unit 2 Daytona Beach, FL	2.0	1.0	650	$1,000	$1.54	14d	1	0.36mi
209 Taylor Ave Unit 2 Daytona Beach, FL	3.0	1.0	970	$2,490	$2.57	23d	1	0.37mi
424 N Charles St Daytona Beach, FL	2.0	1.0	650	$1,000	$1.54	23d	1	0.39mi
507 N Ridgewood Ave Unit 4 Daytona Beach, FL	1.0	1.0	800	$900	$1.12	23d	1	0.40mi
138 Kingston Ave Daytona Beach, FL	3.0	2.0	996	$1,900	$1.91	23d	1	0.42mi
464 Brentwood Dr Daytona Beach, FL	1.0–2.0	1.0	850	$1,365	$1.61	11d	8	0.42mi
326 Hobart Ave Daytona Beach, FL	3.0	1.0	979	$2,150	$2.20	23d	1	0.45mi
115 Kingston Ave Daytona Beach, FL	1.0	1.0	600	$1,195	$1.99	23d	1	0.45mi
171 Daytona Ave Daytona Beach, FL	2.0	2.0	835	$1,650	$1.98	23d	1	0.49mi
601 Vera St Unit 601 Daytona Beach, FL	2.0	1.0	1113	$1,700	$1.53	23d	1	0.52mi
417 Jefferson St #1 Daytona Beach, FL	2.0	1.0	700	$1,890	$2.70	23d	1	0.60mi
512 Fulton St Daytona Beach, FL	2.0	1.0	963	$1,600	$1.66	23d	1	0.66mi
550 Ruth St Daytona Beach, FL	3.0	2.0	1114	$1,995	$1.79	11d	1	0.66mi
100 Navigator DR Daytona Beach, FL	1.0–3.0	1.0–2.0	1029	$1,458	$1.42	11d	25	0.67mi
244 Lexington Dr Daytona Beach, FL	3.0	1.0	1099	$2,550	$2.32	14d	1	0.68mi
430 Dorothy Ave Daytona Beach, FL	3.0	1.0	1103	$1,700	$1.54	14d	1	0.78mi
625 Holmes Ave Daytona Beach, FL	2.0	1.0	768	$995	$1.30	21d	1	0.80mi
155 5th St Unit B Daytona Beach, FL	1.0	1.0	798	$1,200	$1.50	23d	1	0.83mi
249 College Park Dr Daytona Beach, FL	2.0	1.0	1000	$1,425	$1.43	21d	1	0.90mi
411 N Halifax Ave #200 Daytona Beach, FL	2.0	2.0	766	$1,250	$1.63	23d	1	1.10mi
415 N Halifax Ave Daytona Beach, FL	2.0	1.0–2.0	811	$1,438	$1.77	21d	2	1.10mi
625 N Halifax Ave Daytona Beach, FL	2.0	1.5–2.0	1153	$1,488	$1.29	19d	2	1.17mi
820 State Ave Unit 3 Daytona Beach, FL	2.0	1.0	841	$1,370	$1.63	23d	1	1.19mi
820 State Ave Apt 1 Daytona Beach, FL	2.0	2.0	841	$1,470	$1.75	23d	1	1.19mi
820 State Ave Unit 2 Daytona Beach, FL	2.0	1.0	690	$1,250	$1.81	23d	1	1.19mi
309 Oakridge Blvd #6 Daytona Beach, FL	2.0	1.0	904	$1,500	$1.66	23d	1	1.23mi
411 N Oleander Ave Unit 3 Daytona Beach, FL	1.0	1.0	525	$1,100	$2.10	23d	1	1.25mi
732 N Halifax Ave Daytona Beach, FL	1.0–2.0	1.0–2.0	862	$1,200	$1.39	23d	2	1.25mi
102 S Peninsula Dr Daytona Beach, FL	1.0	1.0	608	$1,195	$1.97	23d	1	1.26mi
935 N Halifax Ave #410 Daytona Beach, FL	1.0	1.5	822	$1,695	$2.06	23d	1	1.26mi
935 N Halifax Ave #404 Daytona Beach, FL	1.0	1.5	822	$1,550	$1.89	23d	1	1.26mi
851 State Ave Daytona Beach, FL	2.0	1.0	682	$1,495	$2.19	23d	1	1.27mi
215 N Oleander Ave Daytona Beach, FL	3.0	1.0	1026	$1,550	$1.51	21d	1	1.27mi
215 N Oleander Ave Daytona Beach, FL	3.0	1.0	1026	$1,550	$1.51	23d	1	1.27mi
1217 Kennedy Rd Unit 56 Daytona Beach, FL	2.0	1.0	800	$1,000	$1.25	23d	1	1.27mi
1217 Kennedy Rd Unit 44 Daytona Beach, FL	1.0	1.0	800	$775	$0.97	11d	1	1.27mi
145 S Halifax Ave Unit 2 Daytona Beach, FL	2.0	1.0	1000	$2,400	$2.40	23d	1	1.28mi

Listing history 47 events

1. 2026-06-18
   days on market $120,000 Active 62 DOM
2. 2026-06-17
   days on market $120,000 Active 61 DOM
3. 2026-06-16
   days on market $120,000 Active 60 DOM
4. 2026-06-15
   days on market $120,000 Active 59 DOM
5. 2026-06-14
   days on market $120,000 Active 57 DOM
6. 2026-06-10
   days on market $120,000 Active 54 DOM
7. 2026-06-09
   days on market $120,000 Active 53 DOM
8. 2026-06-08
   days on market $120,000 Active 52 DOM
9. 2026-06-07
   days on market $120,000 Active 51 DOM
10. 2026-06-05
    days on market $120,000 Active 48 DOM
11. 2026-06-03
    days on market $120,000 Active 47 DOM
12. 2026-06-03
    days on market $120,000 Active 46 DOM
13. 2026-06-01
    days on market $120,000 Active 45 DOM
14. 2026-05-31
    days on market $120,000 Active 44 DOM
15. 2026-05-31
    days on market $120,000 Active 43 DOM
16. 2026-04-30
    price $120,000 397-char remark

    Show marketing remark (396 chars)

    nvestor Alert-2 Bedroom with flex space. ROOF (Oct 2019), WATER HEATER and ELECTRIC PANEL BOX were installed in as well (2020) Nice sized lot with mature trees surround this home as well as a fenced back yard! Near shopping, restaurants, Bethune Cookman and Daytona State College. You are only a couple of miles away from Daytona's Famous Beach and less than a mile to the intra-coastal waterway.

17. 2026-04-30
    price $120,000 396-char remark

    Show marketing remark (396 chars)

    nvestor Alert-2 Bedroom with flex space. ROOF (Oct 2019), WATER HEATER and ELECTRIC PANEL BOX were installed in as well (2020) Nice sized lot with mature trees surround this home as well as a fenced back yard! Near shopping, restaurants, Bethune Cookman and Daytona State College. You are only a couple of miles away from Daytona's Famous Beach and less than a mile to the intra-coastal waterway.

18. 2026-04-17
    listed $140,000 Active 396-char remark

    Show marketing remark (396 chars)

    nvestor Alert-2 Bedroom with flex space. ROOF (Oct 2019), WATER HEATER and ELECTRIC PANEL BOX were installed in as well (2020) Nice sized lot with mature trees surround this home as well as a fenced back yard! Near shopping, restaurants, Bethune Cookman and Daytona State College. You are only a couple of miles away from Daytona's Famous Beach and less than a mile to the intra-coastal waterway.

19. 2026-04-16
    listed $140,000 Active 397-char remark

    Show marketing remark (397 chars)

    Investor Alert-2 Bedroom with flex space. ROOF (Oct 2019), WATER HEATER and ELECTRIC PANEL BOX were installed in as well (2020) Nice sized lot with mature trees surround this home as well as a fenced back yard! Near shopping, restaurants, Bethune Cookman and Daytona State College. You are only a couple of miles away from Daytona's Famous Beach and less than a mile to the intra-coastal waterway.

20. 2020-11-16
    soldstatus $87,000
21. 2020-11-05
    soldstatus $87,000 Sold
22. 2020-11-05
    soldstatus $87,000 Closed
23. 2020-09-24
    historical Contingent
24. 2020-09-24
    status Pending
25. 2020-09-15
    price $95,000
26. 2020-09-15
    price $95,000
27. 2020-08-19
    listed $99,500 Active
28. 2020-08-19
    listed $99,500 Active
29. 2020-06-25
    soldstatus $70,000
30. 2020-06-23
    soldstatus $70,000 Closed
31. 2020-05-13
    historical Contingent
32. 2020-04-02
    price $74,900
33. 2020-04-02
    status Active
34. 2020-03-26
    historical Contingent
35. 2020-03-16
    price $75,000
36. 2019-12-30
    price $87,000
37. 2019-12-30
    status Active
38. 2019-12-12
    historical Contingent
39. 2019-11-20
    listed $99,000 Active
40. 2006-01-21
    soldstatus $104,900
41. 2005-12-21
    soldstatus $104,900
42. 2005-09-14
    historical
43. 2005-09-13
    listed $104,900
44. 2005-08-09
    listed $109,427
45. 2005-06-03
    soldstatus $38,000
46. 2005-02-16
    listed $49,900
47. 1977-01-01
    soldstatus $14,000

ⓘ 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: $839 · $70/mo
• Projected year-2 tax: $996 · $83/mo
• Expected delta: +$157/yr (+$13/mo · 18.8%)

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

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone A · 74% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥104°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: $17,621
• − Mortgage interest: −$6,722
• − Property taxes: −$839
• − Insurance: −$2,102
• − Repairs & maintenance: −$1,410
• − Management: −$1,410
• − Depreciation: −$3,491
• Taxable income: $1,647
• Est. tax owed @ 24.0%: −$395
• After-tax cash flow: $3,032/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

+757.1% since first listed

32 events — show timeline

• 2026-04-30 Price Changed $120,000 Daytona MLS
• 2026-04-30 Price Changed $120,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-17 Listed $140,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-16 Listed $140,000 Daytona MLS
• 2020-11-16 Sold (Public Records) $87,000 Public Records
• 2020-11-05 Sold (MLS) $87,000 Daytona MLS
• 2020-11-05 Sold (MLS) $87,000 Stellar MLS as Distributed by MLS Grid
• 2020-09-24 Contingent — Daytona MLS
• 2020-09-24 Pending — Stellar MLS as Distributed by MLS Grid
• 2020-09-15 Price Changed $95,000 Stellar MLS as Distributed by MLS Grid
• 2020-09-15 Price Changed $95,000 Daytona MLS
• 2020-08-19 Listed $99,500 Daytona MLS
• 2020-08-19 Listed $99,500 Stellar MLS as Distributed by MLS Grid
• 2020-06-25 Sold (Public Records) $70,000 Public Records
• 2020-06-23 Sold (MLS) $70,000 Daytona MLS
• 2020-05-13 Contingent — Daytona MLS
• 2020-04-02 Price Changed $74,900 Daytona MLS
• 2020-04-02 Relisted — Daytona MLS
• 2020-03-26 Contingent — Daytona MLS
• 2020-03-16 Price Changed $75,000 Daytona MLS
• 2019-12-30 Price Changed $87,000 Daytona MLS
• 2019-12-30 Relisted — Daytona MLS
• 2019-12-12 Contingent — Daytona MLS
• 2019-11-20 Listed $99,000 Daytona MLS
• 2006-01-21 Sold (MLS) $104,900 Daytona MLS
• 2005-12-21 Sold (Public Records) $104,900 Public Records
• 2005-09-14 Listing Removed — Daytona MLS
• 2005-09-13 Listed $104,900 Daytona MLS
• 2005-08-09 Listed $109,427 Daytona MLS
• 2005-06-03 Sold (MLS) $38,000 Daytona MLS
• 2005-02-16 Listed $49,900 Daytona MLS
• 1977-01-01 Sold (Public Records) $14,000 Public Records

Property tax history

+10.3%/yr

Latest (2025): $839 · +4.1% YoY. Source: county tax records.