1915 James St, South Daytona, FL 32119
2 beds · 2 baths · 1,092 sqft
Nestled in the heart of South Daytona, just minutes from the pristine shores of the beach, this completely remodeled 2-bedroom, 2-bathroom home is the epitome of modern coastal living. Every inch of this quaint retreat has been meticulously renovated from the ground up, blending contemporary design with timeless charm. Whether you’re seeking a serene vacation home or a primary residence, this property offers both convenience and tranquility in one of the most desirable areas of South Daytona. This property can be an income producing opportunity for an investment portfolio as it is currently Tenant occupied with a lease expiring July 2025. Step inside to discover an open-concept floor plan that maximizes space and natural light. The living area seamlessly connects to a state-of-the-art kitchen featuring brand-new stainless-steel appliances, sleek quartz countertops, and custom cabinetry. The cohesive flow makes entertaining effortless, while luxury vinyl plank flooring throughout adds durability and a chic aesthetic. Outside, the charm continues with a newly landscaped yard and a private patio area, ideal for enjoying warm Florida evenings. The home also features updated plumbing, electrical, HVAC, and a new roof, giving you peace of mind for years to come. The location is unbeatable, with shopping, dining, and recreational activities just moments away. This South Daytona gem truly offers the best of both worlds—a move-in-ready home with modern amenities and the beach lifestyle you’ve been dreaming of. Don’t miss your chance to own this stunning property that combines quality craftsmanship, a prime location, and endless coastal charm. Schedule your private showing today!
Source: STELLAR #v4939776
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #v4939776
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
What 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.
MLS ID: #v4939776
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.