1301 Wright St · Daytona Beach, FL 32117

$250,000

4 bd · 1.5 ba · 1,616 sqft · Other public records · 122 Days on market

Built 1960 7,405 sqft lot

---

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 +15.3/30.0
• ARV discount +7.5/15.0
• DSCR +4.7/10.0
• 1% rule +4.2/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

INVESTOR ALERT!!!!! Well-maintained two-family duplex situated on a corner lot in Daytona Beach. Both units are currently tenant-occupied, with tenants on month-to-month leases who would like to remain, offering immediate income potential for investors. Unit 1 features 3 bedrooms, 1 bath, a kitchen, and a living room. Unit 2 offers 1 bedroom, 1 bath, a living room, a kitchen, a flex room, and an enclosed porch for added versatility. Ideal opportunity to rent both units or live in one while generating income from the other. Centrally located near schools, hospitals, shopping, highways, and public transportation, supporting strong long-term rental demand. With an acceptable offer Seller will pay off solar panels allowing you to have low cost elect bills for as long as you own property Sold as-is. 24-hour notice required for showings. Please do not disturb tenants.

Key facts

• Screened-in porch
• Centrally located
• Two-family duplex

Tags

• TWO-FAMILY DUPLEX
• CORNER LOT
• TENANT-OCCUPIED
• IMMEDIATE INCOME POTENTIAL
• SCREENED-IN PORCH
• CENTRALLY LOCATED

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath other listed at $250k.

Deal economics

• At list price, monthly cash flow is $91 ($1k/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 $230k (8.0% below list).
• Recommended offer: $220k (12.0% 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: 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.
• Zoned schools: Champion Elementary School (math 39% / reading 44%, grade F, #1,437 of 2,144 statewide, top 68%, 584 students, 70% FRL); David C. Hinson Sr. Middle School (math 52% / reading 49%, grade C, #246 of 571 statewide, top 44%, 950 students, 52% FRL); Mainland High School (math 30% / reading 37%, grade F, #400 of 667 statewide, top 61%, 1,855 students, 64% FRL).
• Market conditions: Rents rising (+1.0%/yr); 333 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 3,402 units permitted in Volusia County in 2024 (681 in 5+ unit buildings).
• At $2,300/mo this rent would consume 49% of the median local household income ($56k/yr) (locally 1781% 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 $2k of loan paydown is wiped out by about $8k 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 122 days — a 12% lower offer ($220k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 26y ago; this cycle's ask is 9% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $90k; list at $250k implies a 178% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $220,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 122 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
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: 0.92% ✗
• Cap rate: 6.73%
• Cash-on-cash: 1.57%
• DSCR: 1.07
• GRM: 9.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.01% rent growth · sell at horizon

5-year hold

• IRR: -16.1%
• Equity multiple: 0.44×
• Total profit: $-39,177
• Equity at exit: $37,276

10-year hold

• IRR: -11.6%
• Equity multiple: 0.37×
• Total profit: $-44,296
• Equity at exit: $21,615

Cash invested: $70,000 (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 32117

• Home prices YoY: -8.2%
• Rents YoY: 1.0%
• Active inventory: 333
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $2,300 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$311 /mo · $3,729/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$483
• Net cashflow: $91

Break-even live

Break-even rent $2,185

Max offer price $250,000

Occupancy floor 91%

Sensitivity live

Price	-10% $233	-5% $162	+0% $91	+5% $21	+10% $-50
Rent	-10% $-90	-5% $0	+0% $91	+5% $182	+10% $273
Rate	-1.0pp $217	-0.5pp $155	base $91	+0.5pp $27	+1.0pp $-39

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: $62,500
• Closing costs: $7,500
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1512 Richmond Ave Unit 1546284P Daytona Beach, FL	3.0	2.0	1173	$3,226	$2.75	16d	1	0.31mi
1235 Alcazar St Daytona Beach, FL	3.0	2.0	1498	$2,100	$1.40	25d	1	0.45mi
100 Windflower LN Daytona Beach, FL	1.0–3.0	1.0–2.0	1021	$2,516	$2.46	13d	63	0.50mi
101 Claysburg LN Holly Hill, FL	1.0–3.0	1.0–2.0	1163	$2,800	$2.41	16d	25	0.50mi
108 San Mardeen Ct Daytona Beach, FL	3.0	2.0	1500	$2,650	$1.77	25d	1	0.51mi
1435 Atlanta Dr Daytona Beach, FL	3.0	1.0	1200	$1,800	$1.50	25d	1	0.55mi
1575 Megan Bay Cir Daytona Beach, FL	3.0	2.0	1232	$1,800	$1.46	25d	1	0.60mi
1420 Alabama Ave Daytona Beach, FL	4.0	2.0	1367	$1,824	$1.33	21d	1	0.65mi
1224 10th St Daytona Beach, FL	3.0	1.0	1284	$1,550	$1.21	16d	1	0.66mi
1600 Lpga Blvd Daytona Beach, FL	1.0–3.0	1.0–2.0	1045	$2,622	$2.51	13d	21	0.74mi
1767 Valencia Ave Ormond Beach, FL	4.0	2.0	1216	$2,100	$1.73	25d	1	0.82mi
1262 Essex Rd Daytona Beach, FL	3.0	2.0	1500	$1,900	$1.27	25d	1	0.97mi
638 LPGA Blvd Unit B Daytona Beach, FL	3.0	2.0	1111	$2,490	$2.24	25d	1	1.05mi
1851 Lpga Blvd Daytona Beach, FL	1.0–3.0	1.0–3.0	966	$2,516	$2.60	13d	49	1.09mi
1014 Indian Oaks E Daytona Beach, FL	3.0	2.0	1500	$2,650	$1.77	25d	1	1.09mi
1500 Alexis AVE Daytona Beach, FL	1.0–3.0	1.0–2.0	1003	$2,205	$2.20	13d	32	1.15mi
149 Reena Dr Daytona Beach, FL	3.0	2.5	1656	$2,100	$1.27	25d	1	1.20mi
100 Integra Shores Dr Daytona Beach, FL	2.0–3.0	2.0	1126	$1,725	$1.53	13d	6	1.23mi
1953 Nelson Ave Ormond Beach, FL	4.0	1.5	1600	$2,000	$1.25	25d	1	1.27mi
110 Reena Dr Daytona Beach, FL	3.0	2.5	1673	$2,100	$1.26	23d	1	1.29mi
875 Derbyshire Rd Daytona Beach, FL	3.0	1.0–2.0	835	$1,299	$1.56	13d	11	1.36mi
559 Cameo Dr Ormond Beach, FL	3.0	2.5	1668	$2,310	$1.38	25d	1	1.37mi
1012 Cadillac Dr Daytona Beach, FL	3.0	2.0	1353	$1,650	$1.22	25d	1	1.39mi
1610 N Clyde Morris Blvd Daytona Beach, FL	1.0–3.0	1.0–2.0	1020	$2,583	$2.53	21d	45	1.46mi
1013 Lewis Dr Daytona Beach, FL	3.0	1.5	1475	$1,850	$1.25	25d	1	1.47mi

Listing history 28 events

1. 2026-06-22
   days on market $250,000 Active 122 DOM
2. 2026-06-18
   days on market $250,000 Active 119 DOM
3. 2026-06-17
   days on market $250,000 Active 118 DOM
4. 2026-06-16
   days on market $250,000 Active 117 DOM
5. 2026-06-15
   days on market $250,000 Active 116 DOM
6. 2026-06-14
   days on market $250,000 Active 114 DOM
7. 2026-06-10
   days on market $250,000 Active 111 DOM
8. 2026-06-09
   days on market $250,000 Active 110 DOM
9. 2026-06-08
   days on market $250,000 Active 109 DOM
10. 2026-06-07
    days on market $250,000 Active 108 DOM
11. 2026-06-05
    days on market $250,000 Active 105 DOM
12. 2026-06-03
    days on market $250,000 Active 104 DOM
13. 2026-06-03
    days on market $250,000 Active 103 DOM
14. 2026-06-01
    days on market $250,000 Active 102 DOM
15. 2026-05-31
    days on market $250,000 Active 101 DOM
16. 2026-05-31
    days on market $250,000 Active 100 DOM
17. 2026-03-07
    price $250,000 877-char remark

    Show marketing remark (877 chars)

    INVESTOR ALERT!!!!! Well-maintained two-family duplex situated on a corner lot in Daytona Beach. Both units are currently tenant-occupied, with tenants on month-to-month leases who would like to remain, offering immediate income potential for investors. Unit 1 features 3 bedrooms, 1 bath, a kitchen, and a living room. Unit 2 offers 1 bedroom, 1 bath, a living room, a kitchen, a flex room, and an enclosed porch for added versatility. Ideal opportunity to rent both units or live in one while generating income from the other. Centrally located near schools, hospitals, shopping, highways, and public transportation, supporting strong long-term rental demand. With an acceptable offer Seller will pay off solar panels allowing you to have low cost elect bills for as long as you own property Sold as-is. 24-hour notice required for showings. Please do not disturb tenants.

18. 2026-02-19
    listed $230,000 Active 877-char remark

    Show marketing remark (877 chars)

    INVESTOR ALERT!!!!! Well-maintained two-family duplex situated on a corner lot in Daytona Beach. Both units are currently tenant-occupied, with tenants on month-to-month leases who would like to remain, offering immediate income potential for investors. Unit 1 features 3 bedrooms, 1 bath, a kitchen, and a living room. Unit 2 offers 1 bedroom, 1 bath, a living room, a kitchen, a flex room, and an enclosed porch for added versatility. Ideal opportunity to rent both units or live in one while generating income from the other. Centrally located near schools, hospitals, shopping, highways, and public transportation, supporting strong long-term rental demand. With an acceptable offer Seller will pay off solar panels allowing you to have low cost elect bills for as long as you own property Sold as-is. 24-hour notice required for showings. Please do not disturb tenants.

19. 2023-11-16
    historical 405-char remark

    Show marketing remark (405 chars)

    INVESTOR SPECIAL** This duplex home offers the perfect blend of comfort and versatility. Centrally located, this property presents a unique opportunity for both homeowners and investors. Brand new electrical with a well-maintained 3-bedroom, 1-bathroom unit on one side and a separate 1-bedroom, 1-bathroom unit on the other. This duplex provides various options for living arrangements or rental income.

20. 2023-09-22
    listed $260,000 Active 405-char remark

    Show marketing remark (405 chars)

    INVESTOR SPECIAL** This duplex home offers the perfect blend of comfort and versatility. Centrally located, this property presents a unique opportunity for both homeowners and investors. Brand new electrical with a well-maintained 3-bedroom, 1-bathroom unit on one side and a separate 1-bedroom, 1-bathroom unit on the other. This duplex provides various options for living arrangements or rental income.

21. 2018-10-15
    soldstatus $90,000
22. 2018-10-12
    soldstatus $90,000 Closed
23. 2018-09-07
    status Pending
24. 2018-07-11
    price $99,900
25. 2018-01-29
    listed $104,000 Active
26. 2009-01-30
    soldstatus $797,701
27. 2000-06-01
    soldstatus $51,000
28. 2000-04-26
    listed $59,900

ⓘ 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: $3,729 · $311/mo
• Projected year-2 tax: $3,729 · $311/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 5/10 Major FEMA zone X (unshaded) · 50% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥105°F today · 21 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: $27,604
• − Mortgage interest: −$14,004
• − Property taxes: −$3,729
• − Insurance: −$1,250
• − Repairs & maintenance: −$2,208
• − Management: −$2,208
• − Depreciation: −$7,273
• Taxable loss: −$3,068
• Est. tax savings @ 24.0%: +$736
• After-tax cash flow: $1,832/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

• County: Volusia County · 556,871 people
• City population: 67,539
• Metro: Deltona-Daytona Beach-Ormond Beach, FL
• Population (ZIP): 30,955
• Household income: $56,419
• Rent vs Own: 52.3% rent · 47.7% own
• Severe rent burden: 1781.0

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 0.63)
• Race & ethnicity: White 53% Black 27% Hispanic / Latino 10% Two or more races 9% Asian 3%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3%
• Common ancestry: Romanian 2% Lithuanian 2% Slovak 1%
• Foreign-born: 8% · Canada, Vietnam, Jamaica
• Languages at home: 86% English-only · Spanish 8% Vietnamese 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: ▼ -96.62%
• Current HPI: 1084.54
• Rent YoY: ▲ 1.01%
• 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

+317.4% since first listed

12 events — show timeline

• 2026-03-07 Price Changed $250,000 Daytona MLS
• 2026-02-19 Listed $230,000 Daytona MLS
• 2023-11-16 Listing Removed — realMLS
• 2023-09-22 Listed $260,000 realMLS
• 2018-10-15 Sold (Public Records) $90,000 Public Records
• 2018-10-12 Sold (MLS) $90,000 Daytona MLS
• 2018-09-07 Pending — Daytona MLS
• 2018-07-11 Price Changed $99,900 Daytona MLS
• 2018-01-29 Listed $104,000 Daytona MLS
• 2009-01-30 Sold (Public Records) $797,701 Public Records
• 2000-06-01 Sold (MLS) $51,000 Daytona MLS
• 2000-04-26 Listed $59,900 Daytona MLS

Property tax history

+7.6%/yr

Latest (2025): $3,729 · +5.3% YoY. Source: county tax records.