For SaleRisky Deal6 days on market
918 Reed Canal Rd Lot 245
918 Reed Canal Rd Lot 245, Daytona Beach, FL 32119, Daytona Beach, FL 32119
$65,000
Estimate®:$193,500$128,500 Under Market
Listing Price
918 Reed Canal Rd Lot 245, Daytona Beach, FL 32119
Loc: Daytona Beach, FL
Days Listed
6
Estimate®
$194k
66% Under Valued
Type
manufactured
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
South Daytona Elementary School
PK-5
0.9 mi away
4
Silver Sands Middle School
6-8
1.9 mi away
5
Atlantic High School
PK,9-12
0.9 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
manufactured homemobile homevinyl sidingcarportconcrete drivewayresidentialsingle-storysuburbanneatly landscapedcovered parkinglow maintenancemodestranch style
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.64%
Total ROI
38.0%
Cash Flow
$-140/mo
DSCR
0.59
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-140/mo net cash flow with a 3.6% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Daytona Beach, FL
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $65,000 | $73 |
| 2026-08-31 | Listing removed | $65,000 | $73 |
| 2026-05-13 | Price change | $65,000 | $73 |
| 2026-04-30 | Price change | $70,000 | $78 |
| 2026-01-05 | Price change | $80,000 | $89 |
| 2025-06-22 | Price change | $85,000 | $95 |
| 2025-03-19 | Price change | $89,000 | $99 |
| 2025-02-21 | Price change | $95,000 | $106 |
| 2024-12-05 | Listed for sale | $98,500 | $110 |
| 2022-07-14 | Listing removed | $0 | – |
| 2022-06-09 | Price change | $89,900 | $100 |
| 2022-04-15 | Listed for sale | $95,000 | $106 |
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