629 Holmes Ave · Daytona Beach, FL 32114

$159,900

3 bd · 2.0 ba · 1,125 sqft · SingleFamily public records · 54 Days on market

Built 1925 5,400 sqft lot

---

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 +25.6/30.0
• DSCR +8.5/10.0
• ARV discount +7.5/15.0
• 1% rule +5.4/10.0
• 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

This 1925 Century home in Daytona Beach is ready for its new owner. This property is located within a mile of the Daytona Mall, the Daytona International Speedway, dozens of restaurants, Halifax Hospital, and many other retail locations. This is an open concept home with numerous possibilities to make it your own private oasis. There are several storage sheds and the back yard has a large chicken coop area. The home has 3 spacious bedrooms and plenty or living space. All major rooms have lighted ceiling fans. This home just needs some TLC. Investors are welcome. Easy access to all the Daytona beaches across the high bridge and the main street pier is just 2 miles away. With marina's within

Key facts

• Chicken coop area
• Close to restaurants
• Marina within a mile

Tags

• OPEN CONCEPT HOME
• STORAGE SHEDS
• CHICKEN COOP AREA
• EASY ACCESS TO BEACHES
• MARINA WITHIN A MILE
• CLOSE TO RESTAURANTS

Property features AI

Finance

• Financial info: Lease restrictions apply
• HOA & community: No homeowners association; Development: Sunnyland Park

Exterior

• Parking: Has carport; 1 carport space
• Security: Closed circuit camera(s); Security system
• Utilities: Public water; Public sewer; Cable connected; Electricity connected
• Home design: Single family residence; Residential property; One story; Facing west; Completed condition; Homesteaded
• Construction: Frame construction with wood siding; Shingle roof; Crawlspace and slab foundation; Built on a 0.12 acre lot (approx. 50 x 108)
• Exterior features: Storage; Historic district; City limits; Landscaped; Paved; Asphalt road

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Solid surface counters; Solid wood cabinets; Exhaust fan
• Bedrooms: 3 bedrooms
• Flooring: Ceramic tile; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air
• Interior features: Eat-in kitchen; Living room / dining room combo; Open floorplan; Solid surface counters; Solid wood cabinets; Thermostat; Walk-in closet(s); Window treatments; Blinds
• Laundry & utility: Laundry room; Washer; Dryer; Electric water heater; Inside utility

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $-50 ($-602/yr) — negative.
• To cash-flow at today's rent, offer at most $151k (5.5% below list).
• Meets the 1% rule at list price ($2k rent vs $160k).
• Recommended offer: $151k (5.5% below list) — sets the bar for cash-flow.

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; 37 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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).
• At $1,668/mo this rent would consume 48% of the median local household income ($42k/yr) (locally 2772% 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 $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 54 days — a 3% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
• 16 sale attempts since 14y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $61k; list at $160k implies a 163% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo; built in 1925 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $151,045 (5.5% 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 54 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
3. Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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: 1.04% ✓
• Cap rate: 9.12%
• Cash-on-cash: 10.09%
• DSCR: 1.45
• GRM: 8.0

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: -17.6%
• Equity multiple: 0.38×
• Total profit: $-27,955
• Equity at exit: $23,842

10-year hold

• IRR: -8.1%
• Equity multiple: 0.47×
• Total profit: $-23,703
• Equity at exit: $13,825

Cash invested: $44,772 (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: 8.0×

Monthly cashflow live

• Estimated rent: $1,668 high
• Mortgage (P&I): −$839
• Tax from tax record: −$36 /mo · $431/yr
• Insurance: −$67
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$350
• Net cashflow: $-50

Break-even live

Break-even rent $1,731

Max offer price $151,045

Occupancy floor 98%

Sensitivity live

Price	-10% $40	-5% $-5	+0% $-50	+5% $-95	+10% $-141
Rent	-10% $-182	-5% $-116	+0% $-50	+5% $16	+10% $82
Rate	-1.0pp $30	-0.5pp $-9	base $-50	+0.5pp $-92	+1.0pp $-134

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: $39,975
• Closing costs: $4,797
• Reserves months: —
• Total cash needed: —

Rent comps 37 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
625 Holmes Ave Daytona Beach, FL	2.0	1.0	768	$995	$1.30	22d	1	0.03mi
550 Ruth St Daytona Beach, FL	3.0	2.0	1114	$1,995	$1.79	12d	1	0.19mi
512 Fulton St Daytona Beach, FL	2.0	1.0	963	$1,600	$1.66	24d	1	0.27mi
601 Vera St Unit 601 Daytona Beach, FL	2.0	1.0	1113	$1,700	$1.53	24d	1	0.30mi
417 Jefferson St #1 Daytona Beach, FL	2.0	1.0	700	$1,890	$2.70	24d	1	0.46mi
422 N Lincoln St Daytona Beach, FL	3.0	2.0	1354	$2,150	$1.59	24d	1	0.51mi
519 Colfax Dr Daytona Beach, FL	3.0	1.5	1288	$1,700	$1.32	24d	1	0.54mi
736 White St Daytona Beach, FL	3.0	2.0	1092	$1,799	$1.65	24d	1	0.59mi
218 Center St Daytona Beach, FL	3.0	2.0	1234	$2,190	$1.77	22d	1	0.64mi
249 College Park Dr Daytona Beach, FL	2.0	1.0	1000	$1,425	$1.43	22d	1	0.76mi
464 Brentwood Dr Daytona Beach, FL	1.0–2.0	1.0	850	$1,365	$1.61	12d	8	0.81mi
802 Lewis Dr Daytona Beach, FL	3.0	1.0	1223	$1,700	$1.39	24d	1	0.81mi
119 Thomasson Ave Daytona Beach, FL	2.0	1.0	851	$1,199	$1.41	12d	2	0.83mi
331 Clifton Ave Daytona Beach, FL	3.0	2.0	1355	$2,050	$1.51	24d	1	0.89mi
520 Zinfandel Dr Unit 1 Daytona Beach, FL	3.0	2.5	1463	$2,500	$1.71	24d	1	0.90mi
1217 Kennedy Rd Unit 56 Daytona Beach, FL	2.0	1.0	800	$1,000	$1.25	24d	1	0.91mi
922 Lewis Dr Daytona Beach, FL	3.0	1.0	1034	$1,750	$1.69	24d	1	0.93mi
1225 Kennedy Rd Daytona Beach, FL	2.0	1.0	800	$825	$1.03	12d	1	0.94mi
1216 Kennedy Rd Unit 4 Daytona Beach, FL	2.0	1.0	900	$975	$1.08	15d	1	0.95mi
1216 Kennedy Rd Unit 10 Daytona Beach, FL	2.0	1.0	900	$975	$1.08	24d	1	0.95mi
326 Hobart Ave Daytona Beach, FL	3.0	1.0	979	$2,150	$2.20	24d	1	0.96mi
875 Derbyshire Rd Daytona Beach, FL	3.0	1.0–2.0	835	$1,299	$1.56	12d	11	0.97mi
1229 Kennedy Rd Daytona Beach, FL	2.0	1.0	800	$950	$1.19	15d	1	0.98mi
1013 Lewis Dr Daytona Beach, FL	3.0	1.5	1475	$1,850	$1.25	24d	1	1.00mi
430 Dorothy Ave Daytona Beach, FL	3.0	1.0	1103	$1,700	$1.54	15d	1	1.02mi
860 Magnolia Ave Unit 3 Daytona Beach, FL	2.0	1.0	800	$1,300	$1.62	20d	1	1.06mi
209 Taylor Ave Unit 2 Daytona Beach, FL	3.0	1.0	970	$2,490	$2.57	24d	1	1.07mi
100 Navigator DR Daytona Beach, FL	1.0–3.0	1.0–2.0	1029	$1,808	$1.76	12d	25	1.15mi
138 Kingston Ave Daytona Beach, FL	3.0	2.0	996	$1,900	$1.91	24d	1	1.20mi
171 Daytona Ave Daytona Beach, FL	2.0	2.0	835	$1,650	$1.98	24d	1	1.21mi
1012 Cadillac Dr Daytona Beach, FL	3.0	2.0	1353	$1,650	$1.22	24d	1	1.25mi
704 Tennessee St Unit 1 Daytona Beach, FL	2.0	1.0	1479	$1,250	$0.85	24d	1	1.28mi
660 8th St Daytona Beach, FL	2.0	1.0	900	$1,375	$1.53	24d	1	1.32mi
736 Kentucky St Unit 3 Daytona Beach, FL	2.0	1.0	850	$1,300	$1.53	15d	1	1.33mi
840 Center Ave Apt 75 Holly Hill, FL	2.0	1.0	900	$1,250	$1.39	24d	1	1.37mi
1262 Essex Rd Daytona Beach, FL	3.0	2.0	1500	$1,900	$1.27	24d	1	1.38mi
244 Lexington Dr Daytona Beach, FL	3.0	1.0	1099	$2,550	$2.32	15d	1	1.44mi

Listing history 50 events

1. 2026-06-18
   days on market $159,900 Active 54 DOM
2. 2026-06-17
   days on market $159,900 Active 53 DOM
3. 2026-06-16
   days on market $159,900 Active 52 DOM
4. 2026-06-15
   days on market $159,900 Active 51 DOM
5. 2026-06-14
   days on market $159,900 Active 49 DOM
6. 2026-06-10
   days on market $159,900 Active 46 DOM
7. 2026-06-09
   days on market $159,900 Active 45 DOM
8. 2026-06-08
   days on market $159,900 Active 44 DOM
9. 2026-06-07
   days on market $159,900 Active 43 DOM
10. 2026-06-05
    pricedays on market $159,900 Active 40 DOM
11. 2026-06-03
    days on market $169,900 Active 39 DOM
12. 2026-06-03
    days on market $169,900 Active 38 DOM
13. 2026-06-01
    days on market $169,900 Active 37 DOM
14. 2026-05-31
    days on market $169,900 Active 36 DOM
15. 2026-05-31
    days on market $169,900 Active 35 DOM
16. 2026-04-25
    listed $169,900 Active 988-char remark
17. 2024-03-26
    historical
18. 2024-02-17
    historical Active Contingent
19. 2024-02-17
    status Pending
20. 2024-02-17
    historical
21. 2024-02-13
    price $174,000
22. 2024-02-13
    status Active
23. 2024-02-13
    status Active
24. 2024-02-13
    price $174,000
25. 2024-02-06
    historical
26. 2024-01-29
    status Active
27. 2024-01-29
    status Active
28. 2024-01-24
    status Pending
29. 2024-01-24
    status Pending
30. 2024-01-13
    status Active
31. 2024-01-13
    status Active
32. 2024-01-11
    status Pending
33. 2024-01-11
    status Pending
34. 2024-01-05
    listed $179,900 Active
35. 2024-01-05
    listed $179,900 Active
36. 2017-07-05
    soldstatus $60,750
37. 2017-06-30
    soldstatus $60,750 Closed
38. 2017-06-30
    soldstatus $60,750 Sold
39. 2017-05-18
    status Pending
40. 2017-05-18
    status Pending
41. 2017-05-16
    price $64,500
42. 2017-05-16
    price $60,000
43. 2017-05-16
    price $64,500
44. 2017-05-16
    price $60,000
45. 2017-04-28
    status Active
46. 2017-04-28
    status Active
47. 2017-04-10
    status Pending
48. 2017-04-10
    historical Contingent
49. 2017-02-13
    price $55,000
50. 2017-02-12
    price $55,000

ⓘ 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: $431 · $36/mo
• Projected year-2 tax: $1,327 · $111/mo
• Expected delta: +$897/yr (+$75/mo · 208.2%)

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

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone AE · 67% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥104°F today · 18 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: $20,012
• − Mortgage interest: −$8,957
• − Property taxes: −$431
• − Insurance: −$5,918
• − Repairs & maintenance: −$1,601
• − Management: −$1,601
• − Depreciation: −$4,652
• Taxable loss: −$3,147
• Est. tax savings @ 24.0%: +$755
• After-tax cash flow: $154/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

+551.3% since first listed

44 events — show timeline

• 2026-06-04 Price Changed $159,900 Stellar MLS as Distributed by MLS Grid
• 2026-04-25 Listed $169,900 Stellar MLS as Distributed by MLS Grid
• 2024-03-26 Listing Removed — Daytona MLS
• 2024-02-17 Contingent — Daytona MLS
• 2024-02-17 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-02-17 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2024-02-13 Price Changed $174,000 Daytona MLS
• 2024-02-13 Relisted — Daytona MLS
• 2024-02-13 Relisted — Stellar MLS as Distributed by MLS Grid
• 2024-02-13 Price Changed $174,000 Stellar MLS as Distributed by MLS Grid
• 2024-02-06 Listing Removed — Daytona MLS
• 2024-01-29 Relisted — Daytona MLS
• 2024-01-29 Relisted — Stellar MLS as Distributed by MLS Grid
• 2024-01-24 Pending — Daytona MLS
• 2024-01-24 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-01-13 Relisted — Daytona MLS
• 2024-01-13 Relisted — Stellar MLS as Distributed by MLS Grid
• 2024-01-11 Pending — Daytona MLS
• 2024-01-11 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-01-05 Listed $179,900 Stellar MLS as Distributed by MLS Grid
• 2024-01-05 Listed $179,900 Daytona MLS
• 2017-07-05 Sold (Public Records) $60,750 Public Records
• 2017-06-30 Sold (MLS) $60,750 Stellar MLS as Distributed by MLS Grid
• 2017-06-30 Sold (MLS) $60,750 Daytona MLS
• 2017-05-18 Pending — Stellar MLS as Distributed by MLS Grid
• 2017-05-18 Pending — Daytona MLS
• 2017-05-16 Price Changed $64,500 Stellar MLS as Distributed by MLS Grid
• 2017-05-16 Price Changed $60,000 Stellar MLS as Distributed by MLS Grid
• 2017-05-16 Price Changed $64,500 Daytona MLS
• 2017-05-16 Price Changed $60,000 Daytona MLS
• 2017-04-28 Relisted — Stellar MLS as Distributed by MLS Grid
• 2017-04-28 Relisted — Daytona MLS
• 2017-04-10 Pending — Stellar MLS as Distributed by MLS Grid
• 2017-04-10 Contingent — Daytona MLS
• 2017-02-13 Price Changed $55,000 Stellar MLS as Distributed by MLS Grid
• 2017-02-12 Price Changed $55,000 Daytona MLS
• 2017-01-26 Relisted — Stellar MLS as Distributed by MLS Grid
• 2017-01-26 Relisted — Daytona MLS
• 2017-01-16 Pending — Stellar MLS as Distributed by MLS Grid
• 2017-01-16 Pending — Daytona MLS
• 2017-01-11 Listed $64,500 Stellar MLS as Distributed by MLS Grid
• 2016-12-30 Listed $64,500 Daytona MLS
• 2012-05-14 Sold (MLS) $26,000 Daytona MLS
• 2012-02-15 Listed $24,550 Daytona MLS

Property tax history

-0.6%/yr

Latest (2025): $431 · +1.8% YoY. Source: county tax records.