1400 Daytona Ave, Daytona Beach, FL 32117
3 beds · 1 baths · 1,326 sqft
Location, location, location! This home is just a short walk to the Halifax River, where you can enjoy boating, fishing, or a leisurely stroll along the water. Plus, you’re only 5 minutes from the beach, with the added benefit of being equidistant to both Daytona Beach and Ormond Beach—just a 5-minute drive to either destination. Whether you want to experience the energy of Daytona’s vibrant beachfront or the relaxed charm of Ormond Beach, both are within easy reach, giving you the best of both worlds. In addition to being near the river and beach, you’re just 5 minutes from Publix for convenient shopping, and talk a walk to Sunrise Park, where you can enjoy outdoor recreation. For golf enthusiasts, Rio Vista Country Club is just a 5-minute drive away, offering a pristine course and a welcoming clubhouse. Inside, this home has been meticulously updated with a new roof and new hurricane impact windows, ensuring energy efficiency and peace of mind. The open and bright living spaces are ideal for both relaxing and entertaining. This gem has a total of 4 bedrooms and 2 bathrooms. One of them having a separate entrance and it's own full bathroom. Perfect setting for an in-law suite, as it has independent entrance with its own full bathroom, making it perfect for guests, family, or even as a home office. Graveled driveway on both sides, provides parking spaces for at least five cars! Outside, you’ll love the fully fenced yard, providing privacy and security—perfect for pets, family time, or simply enjoying the outdoors. The front and back porches provide a cozy space to unwind, whether you’re enjoying a cup of coffee in the morning or a sunset in the evening. A storage shed is included for added convenience, offering extra space for tools, bikes, or outdoor gear. This home truly has it all—modern updates, a flexible floor plan, and an incredible location that allows you to enjoy the best of both the river and the beach. With parks, shopping, and golf courses nearby, plus the Halifax River just a short walk away and the beach only minutes down the road, this property provides the ultimate Florida lifestyle. Don’t miss the chance to make this fantastic home yours! Schedule your showing today and experience the convenience and charm of this amazing location. Property at an incredible price. Seller is very motivated!
Source: STELLAR #OM690317
Financials
Source: STELLAR #OM690317
Source: Public records
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50%. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Other resourcesWhat is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
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