1058 N Green Acres Cir · South Daytona, FL 32119

$179,900

4 bd · 2.0 ba · 1,564 sqft · Manufactured public records · 113 Days on market

Built 1996 7,405 sqft lot

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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 +26.5/30.0
• DSCR +9.0/10.0
• ARV discount +7.5/15.0
• 1% rule +6.6/10.0
• 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

Own your home and your land—no lot rent or HOA! This spacious and affordable South Daytona property offers 4 bedrooms and 2 full baths, providing plenty of room and comfort for the entire family. Vaulted ceilings and an open-concept kitchen create a bright, airy feel that's both cozy and inviting. Ideally located close to parks, shopping, dining, and all that Daytona Beach has to offer—including the beach just minutes away. Outside, enjoy a fully fenced yard, a large storage shed, and a generous front yard with ample parking. A fantastic opportunity for comfortable living in a convenient location—schedule your showing today!

Key facts

• Open-concept kitchen
• No lot rent
• Generous front yard

Tags

• NO LOT RENT
• NO HOA
• OPEN-CONCEPT KITCHEN
• FULLY FENCED YARD
• LARGE STORAGE SHED
• GENEROUS FRONT YARD

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath manufactured listed at $180k.

Deal economics

• At list price, monthly cash flow is $476 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $180k).
• Recommended offer: $164k (9.0% 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; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 15d 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 44% 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 $5k 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 113 days — a 9% lower offer ($164k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 8y ago; this cycle's ask has dropped $20k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $149k; 21% 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; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $163,709 (9.0% below list)

Questions for the listing agent

1. It's been on market 113 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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: 1.16% ✓
• Cap rate: 9.47%
• Cash-on-cash: 11.34%
• DSCR: 1.50
• GRM: 7.2

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: -2.7%
• Equity multiple: 0.90×
• Total profit: $-4,950
• Equity at exit: $26,824

10-year hold

• IRR: 3.5%
• Equity multiple: 1.22×
• Total profit: $11,060
• Equity at exit: $15,554

Cash invested: $50,372 (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: 7.2×

Monthly cashflow live

• Estimated rent: $2,087 high
• Mortgage (P&I): −$943
• Tax from tax record: −$154 /mo · $1,849/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$438
• Net cashflow: $476

Break-even live

Break-even rent $1,484

Max offer price $179,900

Occupancy floor 72%

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: $44,975
• Closing costs: $5,397
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1200 Floral Springs Blvd Port Orange, FL	1.0–3.0	1.0–2.0	1047	$2,175	$2.08	11d	81	0.45mi
2313 Incandescent Way Unit 1 South Daytona, FL	3.0	2.5	1500	$1,900	$1.27	14d	1	0.50mi
2208 Flourescent Way South Daytona, FL	3.0	2.5	1400	$2,300	$1.64	23d	1	0.52mi
2085 Oak Meadow Cir South Daytona, FL	3.0	2.0	1632	$1,900	$1.16	14d	1	0.55mi
1270 Reed Canal Rd Port Orange, FL	1.0–3.0	1.0–2.0	1001	$2,137	$2.13	11d	29	0.63mi
10 Harbor Cove Ct Daytona Beach, FL	3.0	2.0	1456	$1,499	$1.03	23d	1	0.67mi
910 Carey Dr South Daytona, FL	3.0	2.0	1529	$2,500	$1.64	23d	1	0.71mi
110 Dolphin Fleet Cir Daytona Beach, FL	1.0–3.0	1.0–2.5	1125	$2,124	$1.89	11d	20	0.77mi
1401 Reed Canal Rd Port Orange, FL	1.0–3.0	1.0–2.0	1045	$2,125	$2.03	14d	25	0.88mi
3537 Forest Branch Dr Unit A Port Orange, FL	3.0	2.0	1352	$1,950	$1.44	11d	1	0.94mi
1952 Menger Cir South Daytona, FL	3.0	2.0	1600	$2,300	$1.44	23d	1	0.97mi
137 Bryan Cave Rd South Daytona, FL	3.0	2.0	2167	$2,550	$1.18	14d	1	0.99mi
794 Silver Pond Dr South Daytona, FL	3.0	2.0	2184	$1,900	$0.87	21d	1	1.01mi
488 Autumn Trl Port Orange, FL	3.0	2.0	1393	$1,499	$1.08	23d	1	1.04mi
121 Westwood Dr Daytona Beach, FL	3.0	2.0	1548	$2,300	$1.49	14d	1	1.14mi
1505 Edgewater Rd Daytona Beach, FL	3.0	2.0	1209	$1,800	$1.49	23d	1	1.18mi
1154 Ashland Ct Port Orange, FL	3.0	2.0	1118	$1,795	$1.61	14d	1	1.24mi
524 Pelican Bay Dr Daytona Beach, FL	3.0	2.0	1768	$2,095	$1.18	14d	1	1.24mi
524 Pelican Bay Dr Daytona Beach, FL	3.0	2.0	1768	$2,095	$1.18	23d	1	1.24mi
3780 Clyde Morris Blvd Port Orange, FL	2.0–3.0	2.0	1050	$1,838	$1.75	11d	12	1.29mi
1436 Suwanee Rd Daytona Beach, FL	4.0	2.0	1823	$2,500	$1.37	23d	1	1.34mi
2203 Nottingham Rd South Daytona, FL	4.0	2.0	1600	$2,400	$1.50	23d	1	1.45mi

Listing history 27 events

1. 2026-06-05
   days on market $179,900 Active 113 DOM
2. 2026-06-03
   days on market $179,900 Active 112 DOM
3. 2026-06-03
   days on market $179,900 Active 111 DOM
4. 2026-06-01
   days on market $179,900 Active 110 DOM
5. 2026-05-31
   days on market $179,900 Active 109 DOM
6. 2026-05-31
   days on market $179,900 Active 108 DOM
7. 2026-03-24
   price $189,900 650-char remark

   Show marketing remark (650 chars)

   Own your home and your land—no lot rent or HOA! This spacious and affordable South Daytona property offers 4 bedrooms and 2 full baths, providing plenty of room and comfort for the entire family. Vaulted ceilings and an open-concept kitchen create a bright, airy feel that's both cozy and inviting. Ideally located close to parks, shopping, dining, and all that Daytona Beach has to offer—including the beach just minutes away. Outside, enjoy a fully fenced yard, a large storage shed, and a generous front yard with ample parking. A fantastic opportunity for comfortable living in a convenient location—schedule your showing today!

8. 2026-02-11
   listed $199,900 Active 650-char remark

   Show marketing remark (650 chars)

   Own your home and your land—no lot rent or HOA! This spacious and affordable South Daytona property offers 4 bedrooms and 2 full baths, providing plenty of room and comfort for the entire family. Vaulted ceilings and an open-concept kitchen create a bright, airy feel that's both cozy and inviting. Ideally located close to parks, shopping, dining, and all that Daytona Beach has to offer—including the beach just minutes away. Outside, enjoy a fully fenced yard, a large storage shed, and a generous front yard with ample parking. A fantastic opportunity for comfortable living in a convenient location—schedule your showing today!

9. 2024-03-01
   soldstatus $148,750
10. 2023-06-09
    soldstatus $145,000
11. 2023-06-07
    soldstatus $145,000 Closed 115-char remark

    Show marketing remark (115 chars)

    INVESTORS WELCOME!! Property currently being rented for $1500 a month! Come check this place out before its GONE!!

12. 2023-04-24
    historical Active Contingent 115-char remark

    Show marketing remark (115 chars)

    INVESTORS WELCOME!! Property currently being rented for $1500 a month! Come check this place out before its GONE!!

13. 2023-04-21
    listed $145,000 Active 115-char remark

    Show marketing remark (115 chars)

    INVESTORS WELCOME!! Property currently being rented for $1500 a month! Come check this place out before its GONE!!

14. 2021-08-11
    historical
15. 2021-08-10
    status Pending
16. 2021-08-10
    status Pending
17. 2021-08-10
    historical
18. 2021-08-06
    listed $145,000 Active
19. 2021-08-06
    listed $145,000 Active
20. 2020-04-07
    soldstatus $129,000
21. 2020-03-26
    soldstatus $129,000 Closed
22. 2020-01-20
    status Pending
23. 2019-09-27
    listed $129,900 Active
24. 2018-10-10
    soldstatus $40,160 Sold
25. 2018-07-10
    status Pending
26. 2018-07-09
    historical
27. 2018-06-29
    listed $44,000 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: $1,849 · $154/mo
• Projected year-2 tax: $1,849 · $154/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 3/10 Moderate FEMA zone X (unshaded) · 12% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥105°F today · 19 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: $25,043
• − Mortgage interest: −$10,077
• − Property taxes: −$1,849
• − Insurance: −$900
• − Repairs & maintenance: −$2,003
• − Management: −$2,003
• − Depreciation: −$5,233
• Taxable income: $2,977
• Est. tax owed @ 24.0%: −$714
• After-tax cash flow: $5,000/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

+331.6% since first listed

21 events — show timeline

• 2026-03-24 Price Changed $189,900 Daytona MLS
• 2026-02-11 Listed $199,900 Daytona MLS
• 2024-03-01 Sold (Public Records) $148,750 Public Records
• 2023-06-09 Sold (Public Records) $145,000 Public Records
• 2023-06-07 Sold (MLS) $145,000 Daytona MLS
• 2023-04-24 Contingent — Daytona MLS
• 2023-04-21 Listed $145,000 Daytona MLS
• 2021-08-11 Listing Removed — Daytona MLS
• 2021-08-10 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-08-10 Pending — Daytona MLS
• 2021-08-10 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2021-08-06 Listed $145,000 Stellar MLS as Distributed by MLS Grid
• 2021-08-06 Listed $145,000 Daytona MLS
• 2020-04-07 Sold (Public Records) $129,000 Public Records
• 2020-03-26 Sold (MLS) $129,000 Daytona MLS
• 2020-01-20 Pending — Daytona MLS
• 2019-09-27 Listed $129,900 Daytona MLS
• 2018-10-10 Sold (MLS) $40,160 Stellar MLS as Distributed by MLS Grid
• 2018-07-10 Pending — Stellar MLS as Distributed by MLS Grid
• 2018-07-09 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2018-06-29 Listed $44,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+17.1%/yr

Latest (2025): $1,849 · -7.7% YoY. Source: county tax records.