For SaleExcellent Deal135 days on market
428 Banana Cay Dr APT A
428 Banana Cay Dr APT A, South Daytona, FL 32119, South Daytona, FL 32119
$95,000
Listing Price
428 Banana Cay Dr APT A, South Daytona, FL 32119
Loc: South Daytona, FL
Days Listed
135
Tax Assessed
$97k
Rent Estimate
$1,463/mo
Est. Cash Flow base
Type
condo
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
0.7 mi away
4
Silver Sands Middle School
6-8
2.2 mi away
5
Atlantic High School
PK,9-12
1.8 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
multi-familyapartment buildingstucco exteriortwo-storygable roofshingle roofaccessible parkingwalk-uplandscaped mulch bedspalm treeresidentialexterior staircasesuburban
Haven AI Verdict
Recommendation
Excellent
Confidence Score: 10/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
11.55%
Total ROI
209.8%
Cash Flow
$421/mo
DSCR
1.85
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $421/mo net cash flow with a 11.6% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (11.6%)
- • Strong rental demand in South Daytona
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 |
|---|---|---|---|
| 2026-08-26 | Price change | $95,000 | $103 |
| 2026-08-12 | Price change | $99,000 | $107 |
| 2026-07-23 | Price change | $109,000 | $118 |
| 2026-06-10 | Price change | $119,900 | $130 |
| 2026-05-11 | Listed for sale | $135,000 | $146 |
| 2018-07-31 | Sold | $72,500 | $79 |
| 2018-05-29 | Price change | $76,999 | $84 |
| 2018-05-21 | Listed for sale | $79,999 | $87 |
| 2013-04-04 | Sold | $27,000 | $29 |
| 2006-08-09 | Sold | $138,400 | $150 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,842.01 | $97,185 |
| 2024 | $1,785.25 | $83,602 |
| 2023 | $1,699.38 | $76,002 |
| 2022 | $1,484.64 | $69,093 |
| 2021 | $0 | $62,812 |
| 2020 | $1,434.98 | $67,293 |
| 2019 | $1,434.98 | $61,175 |
| 2018 | $1,301.92 | $44,296 |
| 2017 | $828.28 | $44,603 |
| 2016 | $0 | $30,895 |
| 2015 | $700 | $29,769 |
| 2014 | $769 | $32,531 |
| 2013 | $0 | $26,919 |
| 2012 | $0 | $22,813 |
| 2011 | $0 | $18,732 |
| 2010 | $0 | $22,300 |
| 2009 | $0 | $34,800 |
| 2007 | $0 | $115,300 |
| 2006 | $0 | $115,300 |
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