Skip the bank. Skip the hard-money points. Keep your cash for the rehab.
This 2-bed, 1-bath Daytona Beach home is offered with owner financing reduced to $125,000 from $135,000 purchase price, 3-year balloon. That means you control a property with a $210K–$225K ARV and you have three full years to rehab, rent, refinance, or resell on your timeline, not a lender’s.
It only needs light cosmetic work. It’s an established 1939 block home on a 3,484 SF lot, close to everything, with strong public transit access. Your exit options are wide open.
THE TERMS
Purchase Price reduce to 125,000
Down Payment: ?
Monthly Payment: ?
Term: 3-year balloon
EMD: $3,000
WHY THESE TERMS WIN
Low cash to close.cash keeps your capital free for the rehab and your next deal.
No loan qualifying. No bank underwriting, no DSCR hoops, no hard-money origination fees.
36 months of runway. Rehab it, place a tenant, season it, and refinance into long-term debt well before the balloon.
Built-in equity. About $75K–$90K between the purchase price and ARV, before rehab costs.
ONE PROPERTY → MULTIPLE EXITS
BRRRR: Light cosmetic rehab, rent it, refinance out before the balloon.
Buy & Hold: Long-term rental with strong location and transit access.
Fix & Flip: Renovate and resell into the $210K–$225K ARV range.
Wholetail: Minimal improvements, quick resale.
INVESTMENT HELOC: quick and easy. Better interest rate, all your down payment back, plus an easy $15K to $25K
PROPERTY DETAILS
Beds/Baths: 2 / 1
Living Area: 688 SF
Lot Size: 3,484 SF
Year Built: 1939
Roof: Shingle
Foundation: Block
Condition: Light cosmetic updates throughout
Location: Near shopping, services, and public transportation
COMPS
828 Magnolia Ave | $165K | 724 SF | $219/SF
134 Knight Pl | $185K | 1,074 SF | $149/SF
322 Euclid Ave | $272K | 800 SF | $319/SF
159 Madison Ave | $300K | 1,040 SF | $239/SF
251 Euclid Ave | $302K | 783 SF | $363/SF
WHAT’S AVAILABLE FOR REVIEW
49 photos
2 walk-through videos (interior and exterior)
Redacted contract in Documents (coming soon)
WE ARE DIRECT TO SELLER. No middleman stacking fees on top.
HOW TO GET IT
Make an Offer: Click “Make an Offer” at the top of this page and submit with proof of funds for the $25K down payment.
Assignment agreement : Sent electronically once terms are agreed. It must be executed within 24 hours.
EMD: $3,000 wired to our third-party title company within 1 day of signing.
Closing: Buyer pays all closing costs, shown on the final settlement statement.
Ready at our terms? Submit now and move to the front of the line. Deals with this kind of financing don’t sit. The only thing worse than passing on an opportunity is watching someone else take it.
Have a deal to sell? Let’s JV. Contact Herb: (407) 718-4255
Buyers must perform their own due diligence and independently verify all information. Contacting the seller directly is strictly prohibited.
More About This Property
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Nearby Markets12 cities · 8 counties · 12 ZIP codes
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ARV $220,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $30,000.
