141 Pitching Wedge Dr · Daytona Beach, FL 32124

$360,000

4 bd · 2.5 ba · 2,360 sqft · SingleFamily public records · 120 Days on market

Built 2023 Good condition 5,000 sqft lot $76/mo HOA · 2% of rent

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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 +14.1/30.0
• ARV discount +7.5/15.0
• 1% rule +4.3/10.0
• DSCR +4.3/10.0
• 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

Listing remarks MLS

Want to Take Life Easy? Then this beautifully upgraded 4-bedroom, 2 1/2-bath townhome is just what you've been waiting for. The open-concept Living Room, Dining Room, and Kitchen were designed for togetherness and effortless entertaining--perfect for the cook who wants to stay connected with family and guests. Upstairs, you'll find a versatile retreat ideal for a TV lounge, home gym, pool table, ping-pong, darts, or relaxed family fun. The Primary Bedroom is a private haven where you'll wake up to peaceful lake views, featuring a separate dressing area, walk-in closet, and double vanity. Built in 2022, the home features 2,360 square feet under air, and 2,900 total square feet, and solar panels designed to reduce energy costs during Florida's warm summers. Step outside to your patio and unwind while overlooking the lake on cool summer evenings. Set within the LPGA Community, you'll enjoy maintenance-free living with resort-style amenities including swimming, golf, and a state-of- the-art fitness center. Just minutes to beaches, shopping, dining, and easy access to I-95 and I-4--this is the townhome that truly lets you enjoy life. There are no warranties expressed or implied. All measurements are approximate. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed.

Key facts

• Double vanity
• Lake views
• Walk-in closet

Tags

• UPGRADED TOWNHOME
• OPEN-CONCEPT LIVING ROOM
• PRIVATE HAVEN
• LAKE VIEWS
• WALK-IN CLOSET
• DOUBLE VANITY

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $360k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $51 ($607/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 $335k (6.9% below list).
• Recommended offer: $328k (9.0% 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 fast (+5.5%/yr); 333 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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).
• This rent runs 43% of the median local income ($93k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-2.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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 120 days — a 9% lower offer ($328k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago; this cycle's ask has dropped $39k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: 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 $327,600 (9.0% below list)

Questions for the listing agent

1. It's been on market 120 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. 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.
7. 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.
8. 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: 0.93% ✗
• Cap rate: 6.46%
• Cash-on-cash: 0.60%
• DSCR: 1.03
• GRM: 9.0

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: -7.5%
• Equity multiple: 0.69×
• Total profit: $-31,066
• Equity at exit: $70,097

10-year hold

• IRR: 3.1%
• Equity multiple: 1.28×
• Total profit: $28,011
• Equity at exit: $60,076

Cash invested: $100,800 (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: 9.0×

Monthly cashflow live

• Estimated rent: $3,350 medium
• Mortgage (P&I): −$1,888
• Tax from tax record: −$482 /mo · $5,787/yr
• Insurance: −$150
• HOA: −$76
• Vacancy / Maint / Mgmt: −$704
• Net cashflow: $51

Break-even live

Break-even rent $3,286

Max offer price $360,000

Occupancy floor 93%

Sensitivity live

Price	-10% $254	-5% $152	+0% $51	+5% $-51	+10% $-153
Rent	-10% $-214	-5% $-82	+0% $51	+5% $183	+10% $315
Rate	-1.0pp $232	-0.5pp $142	base $51	+0.5pp $-43	+1.0pp $-138

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: $90,000
• Closing costs: $10,800
• Reserves months: —
• Total cash needed: —

Rent comps 3 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	24d	1	0.17mi
137 Lost Ball Dr Daytona Beach, FL	4.0	2.5	2168	$2,950	$1.36	12d	1	0.17mi
1250 Champions Dr Daytona Beach, FL	3.0	2.0	2004	$2,650	$1.32	24d	1	0.72mi

HOA detail

• Monthly dues: $76 · $912/yr
• Likely covers: poolgym

Listing history 20 events

1. 2026-06-18
   days on market $360,000 Active 120 DOM
2. 2026-06-17
   days on market $360,000 Active 119 DOM
3. 2026-06-16
   days on market $360,000 Active 118 DOM
4. 2026-06-15
   days on market $360,000 Active 117 DOM
5. 2026-06-14
   days on market $360,000 Active 115 DOM
6. 2026-06-10
   days on market $360,000 Active 112 DOM
7. 2026-06-09
   days on market $360,000 Active 111 DOM
8. 2026-06-08
   days on market $360,000 Active 110 DOM
9. 2026-06-07
   days on market $360,000 Active 109 DOM
10. 2026-06-05
    days on market $360,000 Active 106 DOM
11. 2026-06-03
    days on market $360,000 Active 105 DOM
12. 2026-06-03
    days on market $360,000 Active 104 DOM
13. 2026-06-01
    days on market $360,000 Active 103 DOM
14. 2026-05-31
    days on market $360,000 Active 102 DOM
15. 2026-05-31
    days on market $360,000 Active 101 DOM
16. 2026-04-18
    price $389,000 1353-char remark

    Show marketing remark (1353 chars)

    Want to Take Life Easy? Then this beautifully upgraded 4-bedroom, 2 1/2-bath townhome is just what you've been waiting for. The open-concept Living Room, Dining Room, and Kitchen were designed for togetherness and effortless entertaining--perfect for the cook who wants to stay connected with family and guests. Upstairs, you'll find a versatile retreat ideal for a TV lounge, home gym, pool table, ping-pong, darts, or relaxed family fun. The Primary Bedroom is a private haven where you'll wake up to peaceful lake views, featuring a separate dressing area, walk-in closet, and double vanity. Built in 2022, the home features 2,360 square feet under air, and 2,900 total square feet, and solar panels designed to reduce energy costs during Florida's warm summers. Step outside to your patio and unwind while overlooking the lake on cool summer evenings. Set within the LPGA Community, you'll enjoy maintenance-free living with resort-style amenities including swimming, golf, and a state-of- the-art fitness center. Just minutes to beaches, shopping, dining, and easy access to I-95 and I-4--this is the townhome that truly lets you enjoy life. There are no warranties expressed or implied. All measurements are approximate. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed.

17. 2026-02-18
    listed $399,000 Active 1353-char remark

    Show marketing remark (1353 chars)

    Want to Take Life Easy? Then this beautifully upgraded 4-bedroom, 2 1/2-bath townhome is just what you've been waiting for. The open-concept Living Room, Dining Room, and Kitchen were designed for togetherness and effortless entertaining--perfect for the cook who wants to stay connected with family and guests. Upstairs, you'll find a versatile retreat ideal for a TV lounge, home gym, pool table, ping-pong, darts, or relaxed family fun. The Primary Bedroom is a private haven where you'll wake up to peaceful lake views, featuring a separate dressing area, walk-in closet, and double vanity. Built in 2022, the home features 2,360 square feet under air, and 2,900 total square feet, and solar panels designed to reduce energy costs during Florida's warm summers. Step outside to your patio and unwind while overlooking the lake on cool summer evenings. Set within the LPGA Community, you'll enjoy maintenance-free living with resort-style amenities including swimming, golf, and a state-of- the-art fitness center. Just minutes to beaches, shopping, dining, and easy access to I-95 and I-4--this is the townhome that truly lets you enjoy life. There are no warranties expressed or implied. All measurements are approximate. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed.

18. 2024-05-01
    historical $3,500
19. 2024-01-23
    price $3,500
20. 2024-01-05
    listed $4,500

ⓘ 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: $5,787 · $482/mo
• Projected year-2 tax: $5,787 · $482/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥106°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 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $40,203
• − Mortgage interest: −$20,166
• − Property taxes: −$5,787
• − Insurance: −$1,800
• − Repairs & maintenance: −$3,216
• − Management: −$3,216
• − HOA: −$912
• − Depreciation: −$10,473
• Taxable loss: −$5,367
• Est. tax savings @ 24.0%: +$1,288
• After-tax cash flow: $1,895/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 · 12 photos

Good 80/100 Cosmetic rehab

This well-maintained, recently built single-family home is move-in ready with good condition and minimal repairs needed. Upgrades to paint, flooring, and appliances can further enhance its value.

Value-add opportunities

• Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics
• Both Updating flooring in living areas — New flooring can improve the look and feel of the home
• Both Upgrading kitchen appliances — Modern appliances can increase the home's appeal and functionality
• Both Renovating bathrooms — Fresh bathrooms can significantly boost the home's value and appeal

Renovation cost estimate screening

Value-add ROI direction

• Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics ↑
• Both Updating flooring in living areas — New flooring can improve the look and feel of the home ↑
• Both Upgrading kitchen appliances — Modern appliances can increase the home's appeal and functionality ↑
• Both Renovating bathrooms — Fresh bathrooms can significantly boost the home's value and appeal ↑

ⓘ 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

+8544.4% since first listed

5 events — show timeline

• 2026-04-18 Price Changed $389,000 Daytona MLS
• 2026-02-18 Listed $399,000 Daytona MLS
• 2024-05-01 Rental Removed $3,500 STELLARMLS
• 2024-01-23 Price Changed $3,500 STELLARMLS
• 2024-01-05 Listed for Rent $4,500 STELLARMLS

Property tax history

+109.5%/yr

Latest (2025): $5,787 · -5.3% YoY. Source: county tax records.