Side-by-side comparison of Miami, FL and Daytona Beach, FL — cap rates, rent, prices, and investment metrics.
Cash flow: Daytona Beach has the edge with an estimated cap rate of 4.27% compared to Miami's 2.91%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $520,000 in Miami vs $265,000 in Daytona Beach, while rents come in at $2,100/mo and $1,380/mo respectively.
Growth & appreciation: Daytona Beach is growing faster at 1.5% annually vs Miami's 1.2%. Miami leads on home value appreciation at 4.5% per year.
Costs & risk: Property taxes are 0.89% in Miami vs 0.84% in Daytona Beach. Vacancy rates of 5% and 5.5% are both healthy, suggesting strong tenant demand in both markets.
Bottom line: Daytona Beach edges out Miami on most key metrics. While cap rates are moderate at 4.27%, Daytona Beach's overall profile is stronger. Use our free calculators to model specific deals in Miami or Daytona Beach.