256 Thornberry Branch Ln Daytona Beach, FL 32124
Your savings
About this home
Discover lakefront living at its finest in this beautifully maintained 3 bedroom, 2 bathroom home with a dedicated office in the desirable Bayberry Lakes community off LPGA. No flooding, high and dry. $5,000 credit to buyer towards buy downs. Offering 1,783 square feet of living space, this home features a freshly painted exterior and interior, a 2018 roof, and a new AC installed in 2023. This residence offers a thoughtfully designed split floor plan with an open layout enhanced by new luxury vinyl flooring throughout the main living areas. The spacious kitchen features recessed lighting and newer stainless steel appliances. The large living and dining area flow seamlessly to the expansive screened porch where you can relax and enjoy peaceful lake views. The generous primary suite offers a private retreat with a tray ceiling, walk-in closet and a full ensuite complete with a relaxing garden tub and walk-in shower. Two additional bedrooms and a separate office provide flexible space for family, guests, or remote work. This energy-efficient home includes solar panels with a transferable payment of just $109 per month, helping reduce utility costs - average electric bill about $50 monthly. Bayberry Lakes offers fantastic amenities including a community clubhouse, swimming pool, playground, and basketball courts. Ideally located just minutes from I-95 and I-4, you'll enjoy quick access to LPGA International Golf Course, Embry-Riddle Aeronautical University, Daytona International Speedway, One Daytona, Tanger Outlets, Daytona International Airport, and, of course, the iconic "World's Most Famous Beach." Don't miss the opportunity to own this lakefront home in an unbeatable location. All information recorded in the MLS is intended to be accurate but cannot be guaranteed.
Source: STELLAR #V4943562
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
FAQs
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.
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.
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.
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.
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 “Save search” 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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.