Verona Plan · Daytona Beach, FL 32124

$448,990

5 bd · 3.5 ba · 3,232 sqft · SingleFamily · 952 Days on market

Good condition ↓ 9% since listing

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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 +10.6/30.0
• ARV discount +7.5/15.0
• Livability +4.2/5.0
• Appreciation +4.0/10.0
• Condition / age +4.0/5.0
• Rent growth +3.9/5.0
• Schools +3.9/10.0
• 1% rule +3.1/10.0
• DSCR +3.1/10.0

Listing remarks MLS

Are you ready to buy a home? The Verona floorplan in Daytona Beach, FL offers an open-concept floorplan with 5 bedrooms, 3.5 bathrooms and a 2-car garage. The first-floor flex room is perfect for a home office. Convenient second-floor game room.

Key facts

• 2 garage spots
• Listed 951 days

🏗️ New construction. Builder plan / spec listing (the home may be to-be-built); metrics use comparable previous sales.

What this means for you Summary

Snapshot

• This is a 5-bed/3.5-bath single-family listed at $449k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-370 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $395k (11.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $365k (18.7% below list).
• Recommended offer: $365k (18.7% 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; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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).
• At $3,652/mo this rent would consume 47% of the median local household income ($93k/yr) (locally 54% 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 (-2.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $9k 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 952 days — a 12% lower offer ($395k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: flood insurance adds $152/mo.
• Climate carrying-cost: in FEMA flood zone AH (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $365,162 (18.7% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 952 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
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. 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?
8. 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.
9. 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.
10. 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: 0.81% ✗
• Cap rate: 5.71%
• Cash-on-cash: -2.08%
• DSCR: 0.91
• GRM: 10.2

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: -13.4%
• Equity multiple: 0.46×
• Total profit: $-67,671
• Equity at exit: $87,425

10-year hold

• IRR: -2.9%
• Equity multiple: 0.75×
• Total profit: $-31,537
• Equity at exit: $74,926

Cash invested: $125,717 (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: 10.2×

Monthly cashflow live

• Estimated rent: $3,652 high
• Mortgage (P&I): −$2,355
• Tax est. 1.5%: −$561 /mo · $6,735/yr
• Insurance: −$187
• Flood insurance flood zone: −$152 /mo · $1,824/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$767
• Net cashflow: $-370

Break-even live

Break-even rent $4,120

Max offer price $395,431

Occupancy floor —

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: $112,248
• Closing costs: $13,470
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
284 Links Terrace Blvd Daytona Beach, FL	4.0	2.5	2200	$2,850	$1.30	23d	1	0.44mi
137 Lost Ball Dr Daytona Beach, FL	4.0	2.5	2168	$2,950	$1.36	11d	1	0.49mi
1203 Cabot Cliffs Dr Daytona Beach, FL	5.0	2.5	2355	$2,750	$1.17	21d	1	1.30mi
1187 Cabot Cliffs Dr Daytona Beach, FL	6.0	3.0	2600	$3,700	$1.42	11d	1	1.33mi
1143 Cabot Cliffs Dr Daytona Beach, FL	5.0	2.5	2370	$3,050	$1.29	11d	1	1.40mi
129 Formby Grande Ave Daytona Beach, FL	5.0	4.0	3317	$3,600	$1.09	23d	1	1.46mi

Listing history 40 events

1. 2026-06-18
   days on market $448,990 Active 952 DOM
2. 2026-06-17
   days on market $448,990 Active 951 DOM
3. 2026-06-16
   days on market $448,990 Active 950 DOM
4. 2026-06-15
   days on market $448,990 Active 949 DOM
5. 2026-06-14
   days on market $448,990 Active 947 DOM
6. 2026-06-10
   days on market $448,990 Active 944 DOM
7. 2026-06-09
   days on market $448,990 Active 943 DOM
8. 2026-06-08
   days on market $448,990 Active 942 DOM
9. 2026-06-07
   days on market $448,990 Active 941 DOM
10. 2026-06-05
    days on market $448,990 Active 938 DOM
11. 2026-06-03
    days on market $448,990 Active 937 DOM
12. 2026-06-03
    days on market $448,990 Active 936 DOM
13. 2026-06-01
    days on market $448,990 Active 935 DOM
14. 2026-05-31
    days on market $448,990 Active 934 DOM
15. 2026-05-31
    days on market $448,990 Active 933 DOM
16. 2026-03-24
    price $448,990 245-char remark

    Show marketing remark (245 chars)

    Are you ready to buy a home? The Verona floorplan in Daytona Beach, FL offers an open-concept floorplan with 5 bedrooms, 3.5 bathrooms and a 2-car garage. The first-floor flex room is perfect for a home office. Convenient second-floor game room.

17. 2026-03-01
    price $490,680 245-char remark

    Show marketing remark (245 chars)

    Are you ready to buy a home? The Verona floorplan in Daytona Beach, FL offers an open-concept floorplan with 5 bedrooms, 3.5 bathrooms and a 2-car garage. The first-floor flex room is perfect for a home office. Convenient second-floor game room.

18. 2025-09-16
    price $448,990 245-char remark

    Show marketing remark (245 chars)

    Are you ready to buy a home? The Verona floorplan in Daytona Beach, FL offers an open-concept floorplan with 5 bedrooms, 3.5 bathrooms and a 2-car garage. The first-floor flex room is perfect for a home office. Convenient second-floor game room.

19. 2025-07-17
    price $494,990 245-char remark

    Show marketing remark (245 chars)

    Are you ready to buy a home? The Verona floorplan in Daytona Beach, FL offers an open-concept floorplan with 5 bedrooms, 3.5 bathrooms and a 2-car garage. The first-floor flex room is perfect for a home office. Convenient second-floor game room.

20. 2025-04-22
    price $489,990 245-char remark

    Show marketing remark (245 chars)

    Are you ready to buy a home? The Verona floorplan in Daytona Beach, FL offers an open-concept floorplan with 5 bedrooms, 3.5 bathrooms and a 2-car garage. The first-floor flex room is perfect for a home office. Convenient second-floor game room.

21. 2025-03-28
    price $540,000 245-char remark

    Show marketing remark (245 chars)

    Are you ready to buy a home? The Verona floorplan in Daytona Beach, FL offers an open-concept floorplan with 5 bedrooms, 3.5 bathrooms and a 2-car garage. The first-floor flex room is perfect for a home office. Convenient second-floor game room.

22. 2025-03-12
    price $538,000 245-char remark

    Show marketing remark (245 chars)

    Are you ready to buy a home? The Verona floorplan in Daytona Beach, FL offers an open-concept floorplan with 5 bedrooms, 3.5 bathrooms and a 2-car garage. The first-floor flex room is perfect for a home office. Convenient second-floor game room.

23. 2025-03-11
    price $535,000 245-char remark

    Show marketing remark (245 chars)

    Are you ready to buy a home? The Verona floorplan in Daytona Beach, FL offers an open-concept floorplan with 5 bedrooms, 3.5 bathrooms and a 2-car garage. The first-floor flex room is perfect for a home office. Convenient second-floor game room.

24. 2025-03-03
    price $587,720 245-char remark

    Show marketing remark (245 chars)

    Are you ready to buy a home? The Verona floorplan in Daytona Beach, FL offers an open-concept floorplan with 5 bedrooms, 3.5 bathrooms and a 2-car garage. The first-floor flex room is perfect for a home office. Convenient second-floor game room.

25. 2025-02-19
    price $505,000 245-char remark

    Show marketing remark (245 chars)

    Are you ready to buy a home? The Verona floorplan in Daytona Beach, FL offers an open-concept floorplan with 5 bedrooms, 3.5 bathrooms and a 2-car garage. The first-floor flex room is perfect for a home office. Convenient second-floor game room.

26. 2025-02-11
    price $510,000 245-char remark

    Show marketing remark (245 chars)

    Are you ready to buy a home? The Verona floorplan in Daytona Beach, FL offers an open-concept floorplan with 5 bedrooms, 3.5 bathrooms and a 2-car garage. The first-floor flex room is perfect for a home office. Convenient second-floor game room.

27. 2025-02-06
    price $520,000 245-char remark

    Show marketing remark (245 chars)

    Are you ready to buy a home? The Verona floorplan in Daytona Beach, FL offers an open-concept floorplan with 5 bedrooms, 3.5 bathrooms and a 2-car garage. The first-floor flex room is perfect for a home office. Convenient second-floor game room.

28. 2025-01-16
    price $545,000 245-char remark

    Show marketing remark (245 chars)

    Are you ready to buy a home? The Verona floorplan in Daytona Beach, FL offers an open-concept floorplan with 5 bedrooms, 3.5 bathrooms and a 2-car garage. The first-floor flex room is perfect for a home office. Convenient second-floor game room.

29. 2025-01-04
    price $558,000 245-char remark

    Show marketing remark (245 chars)

    Are you ready to buy a home? The Verona floorplan in Daytona Beach, FL offers an open-concept floorplan with 5 bedrooms, 3.5 bathrooms and a 2-car garage. The first-floor flex room is perfect for a home office. Convenient second-floor game room.

30. 2025-01-01
    price $553,000 245-char remark

    Show marketing remark (245 chars)

    Are you ready to buy a home? The Verona floorplan in Daytona Beach, FL offers an open-concept floorplan with 5 bedrooms, 3.5 bathrooms and a 2-car garage. The first-floor flex room is perfect for a home office. Convenient second-floor game room.

31. 2024-11-05
    price $582,720 245-char remark

    Show marketing remark (245 chars)

    Are you ready to buy a home? The Verona floorplan in Daytona Beach, FL offers an open-concept floorplan with 5 bedrooms, 3.5 bathrooms and a 2-car garage. The first-floor flex room is perfect for a home office. Convenient second-floor game room.

32. 2024-11-03
    price $535,500 245-char remark

    Show marketing remark (245 chars)

    Are you ready to buy a home? The Verona floorplan in Daytona Beach, FL offers an open-concept floorplan with 5 bedrooms, 3.5 bathrooms and a 2-car garage. The first-floor flex room is perfect for a home office. Convenient second-floor game room.

33. 2024-10-22
    price $530,500 245-char remark

    Show marketing remark (245 chars)

    Are you ready to buy a home? The Verona floorplan in Daytona Beach, FL offers an open-concept floorplan with 5 bedrooms, 3.5 bathrooms and a 2-car garage. The first-floor flex room is perfect for a home office. Convenient second-floor game room.

34. 2024-10-15
    price $500,500 245-char remark

    Show marketing remark (245 chars)

    Are you ready to buy a home? The Verona floorplan in Daytona Beach, FL offers an open-concept floorplan with 5 bedrooms, 3.5 bathrooms and a 2-car garage. The first-floor flex room is perfect for a home office. Convenient second-floor game room.

35. 2024-10-03
    price $510,500 245-char remark

    Show marketing remark (245 chars)

    Are you ready to buy a home? The Verona floorplan in Daytona Beach, FL offers an open-concept floorplan with 5 bedrooms, 3.5 bathrooms and a 2-car garage. The first-floor flex room is perfect for a home office. Convenient second-floor game room.

36. 2024-09-08
    price $508,500 245-char remark

    Show marketing remark (245 chars)

    Are you ready to buy a home? The Verona floorplan in Daytona Beach, FL offers an open-concept floorplan with 5 bedrooms, 3.5 bathrooms and a 2-car garage. The first-floor flex room is perfect for a home office. Convenient second-floor game room.

37. 2024-08-20
    price $510,000 245-char remark

    Show marketing remark (245 chars)

    Are you ready to buy a home? The Verona floorplan in Daytona Beach, FL offers an open-concept floorplan with 5 bedrooms, 3.5 bathrooms and a 2-car garage. The first-floor flex room is perfect for a home office. Convenient second-floor game room.

38. 2024-08-07
    price $514,000 245-char remark

    Show marketing remark (245 chars)

    Are you ready to buy a home? The Verona floorplan in Daytona Beach, FL offers an open-concept floorplan with 5 bedrooms, 3.5 bathrooms and a 2-car garage. The first-floor flex room is perfect for a home office. Convenient second-floor game room.

39. 2024-03-06
    price $470,990 245-char remark

    Show marketing remark (245 chars)

    Are you ready to buy a home? The Verona floorplan in Daytona Beach, FL offers an open-concept floorplan with 5 bedrooms, 3.5 bathrooms and a 2-car garage. The first-floor flex room is perfect for a home office. Convenient second-floor game room.

40. 2023-11-10
    listed $490,990 Active 245-char remark

    Show marketing remark (245 chars)

    Are you ready to buy a home? The Verona floorplan in Daytona Beach, FL offers an open-concept floorplan with 5 bedrooms, 3.5 bathrooms and a 2-car garage. The first-floor flex room is perfect for a home office. Convenient second-floor game room.

ⓘ 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 1/10 Low FEMA zone AH · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥106°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 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $43,819
• − Mortgage interest: −$25,150
• − Property taxes: −$6,735
• − Insurance: −$4,069
• − Repairs & maintenance: −$3,506
• − Management: −$3,506
• − Depreciation: −$13,062
• Taxable loss: −$12,208
• Est. tax savings @ 24.0%: +$2,930
• After-tax cash flow: $-1,512/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.

Condition & rehab AI · 10 photos

Good 80/100 Cosmetic rehab

This home is in excellent condition with a good condition score of 80. It has a modern and well-maintained interior with good curb appeal. The home is ready to move in and can be further enhanced with some updates to the interior walls, flooring, and smart home features.

Value-add opportunities

• Both Painting the interior walls — Fresh paint can enhance the home's appeal and value
• Both Updating the flooring in the bathrooms — Modern flooring can improve the home's overall look and value
• Both Adding smart home features — Smart home features can increase the home's appeal and value
• Both Upgrading the kitchen appliances — Modern appliances can improve the home's appeal and value

Renovation cost estimate screening

Value-add ROI direction

• Both Painting the interior walls — Fresh paint can enhance the home's appeal and value ↑
• Both Updating the flooring in the bathrooms — Modern flooring can improve the home's overall look and value ↑
• Both Adding smart home features — Smart home features can increase the home's appeal and value ↑
• Both Upgrading the kitchen appliances — Modern appliances can improve the home's appeal and value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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

-8.6% since first listed

25 events — show timeline

• 2026-03-24 Price Changed $448,990 Zillow
• 2026-03-01 Price Changed $490,680 Zillow
• 2025-09-16 Price Changed $448,990 Zillow
• 2025-07-17 Price Changed $494,990 Zillow
• 2025-04-22 Price Changed $489,990 Zillow
• 2025-03-28 Price Changed $540,000 Zillow
• 2025-03-12 Price Changed $538,000 Zillow
• 2025-03-11 Price Changed $535,000 Zillow
• 2025-03-03 Price Changed $587,720 Zillow
• 2025-02-19 Price Changed $505,000 Zillow
• 2025-02-11 Price Changed $510,000 Zillow
• 2025-02-06 Price Changed $520,000 Zillow
• 2025-01-16 Price Changed $545,000 Zillow
• 2025-01-04 Price Changed $558,000 Zillow
• 2025-01-01 Price Changed $553,000 Zillow
• 2024-11-05 Price Changed $582,720 Zillow
• 2024-11-03 Price Changed $535,500 Zillow
• 2024-10-22 Price Changed $530,500 Zillow
• 2024-10-15 Price Changed $500,500 Zillow
• 2024-10-03 Price Changed $510,500 Zillow
• 2024-09-08 Price Changed $508,500 Zillow
• 2024-08-20 Price Changed $510,000 Zillow
• 2024-08-07 Price Changed $514,000 Zillow
• 2024-03-06 Price Changed $470,990 Zillow
• 2023-11-10 Listed $490,990 Zillow