438 Zelda Blvd, Daytona Beach, FL 32118
2 beds · 2 baths · 1,506 sqft sqft
Under appraisal value and stand strong during hurricane Milton! Don't miss out this great opportunity to take over a true maintenance free home with the low interest rate! True beach-side charmer! This 2/2 move-in ready beachside ranch only steps away to the beach has been well maintained by proud owners for almost 9 years! Pristine condition. The owners truly pour their heart into this property. Rinsing the sand off from your morning walk on the beach at the outdoor surfboard shower, when you enter the home, you are welcomed by the thoughtful sand room, which naturally leads you into the open living area with an abundance of natural light energizing each new day. Low maintenance but charming original hardwood floor flows through the whole house. Imagine having your loved ones over sitting close to the cozy fireplace, fully updated kitchen features new wood cabinetry with very generous storage space and beautiful quartz countertop, rare to see gas range and stainless appliances with French door refrigerator. Retreat to the primary suite with a spa-worthy bathroom with Jacuzzi tub, double vanities and spacious rain shower with a built-in corner shelf and insert, which were tastefully updated in 2020. Another bedroom also has its own full bathroom which will perfectly satisfy your guests' overnight stay. Stepping outside onto your wood deck, it is the best to sit on the chair and grab your favorite drinks without any worries to watch your babies and fur babies running around in this decent size fenced backyard. The outdoor storage room also offers the homeowners additional space for tools, beach essential etc. Did I mention this home also has an oversized one car garage and in house laundry room with conveyance of brand new 2023 Samsung washer and dryer? This house has so much to offer. It includes but not limited to a roof in 2021, AC in 2021, upgraded PVC sewer and waterline under the house in 2020, hot water heater in 2022, remodeled primary bedroom and bathroom in 2020, updated kitchen in 2019 with new dishwasher and refrigerator both in 2019, gas range and microwave both in 2022 and the list goes on and on (See full upgrade list). House has been checked on termite annually staying free and clear. Claim your ownership today before it is taken! This is a true beauty! All information recorded in the MLS is intended to be accurate but cannot be guaranteed.
Source: STELLAR #v4937704
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #v4937704
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #v4937704