Best used DAC for $250?


Hi All, 

Looking for the best sounding used DAC for $250. I say 'used' because I assume there is nothing new for $250 that is any good???

I'm using a Sonos Connect streamer right now with a Roksan Kandy MK III integrated amp and Vandersteen 2c speakers. I use an Apple iPad to access Sonos.  

Music service is Deezer HiFi, which is FLAC. 

Here's the kicker: I used to have an original Cambridge DacMagic and it sounded pretty darn good, but perhaps it was a tad on the soft side??  So I sold it and tried a Micromega MyDac. It sounded more lively (I think). However, I noticed that I cannot directly connect my iPad to the MyDac via USB. On the DacMagic, I was able to use the Apple Camera Adapter and a USB cable to connect directly into USB. When I tried this on the MyDac, I got an error message about the device consuming too much power. I then researched this and tried BOTH a powered and non-powered USB hub. Still nothing. The reason I want direct access via USB is so I can use the other apps on my ipad for sound. 

So, I'm thinking now I probably have to just get another DacMagic and be done with it, or are there other options? 

I've read good things about the PS Audio DL III, but not sure if one can be had for $250, and, would an ipad direct connect via USB? 

Another thing I thought about too is just forget the whole idea of a USB DAC and go with a slightly older non-USB DAC with possibly better sound quality? One of my favorite CD Players of all time was the Theta Miles. I've thought about maybe going with a Theta DS Pro Prime II? 
jsbach1685
I believe both the analog board and the USB inout board can be upgraded in the Bifrost. Can't say how the two DACs compare, I did purchase a used Bifrost with the Uber analog board and find it quite satisfactory. I use a M2TechHyface USB/SPDIF converter with it as mine has no USB input.
Yes, the Bifrost can be upgraded to a multibit version--and you can add a USB board. I had emailed Schiit regarding sound quality differences between the Modi Multibit and Bifrost non-multibit version. They did not give me a specific answer, but I got the inference that the multibit DACs are the way to go. 

WHAT TO DO?
I've been kinda going in circles in trying to decide which direction I want to take and which DAC I want to choose. As of this writing, I am considering the following: 

1. Schiit Modi Multibit
2. Arcam irDAC
3. Theta DS Pro Prime 

The irDAC (vs. the original rDAC) is specifically made to accept direct connection from idevices, as well as the standard coax, optical and USB connections. From what I have seen on recent ebay sales history, they can be had for around my price range. The irDAC appears to be rated very well in sound quality. Anyone out there own one that can comment? 

The Theta DS Pro Prime is my oldie-but-goodie selection based on reviews from owners, as well as what I could find in comparisons to other DACs of the time. My only reference to Theta was of the Miles CD Player, which was one of the best sounding player I ever owned--along with the Naim CD3.5. I understand this DAC is "pre-USB" and therefore I will need to use my Monster Cable 1/4" mini-jack to RCA cables for anything audio related on my iPad; other than the app for my Sonos Connect. To reiterate, I would be using the coax digital-out of the Sonos to the DAC.

My question is this: For those who own (of have owned a Prime or other Theta DAC) how would the sound of the Theta compare to the sound of the Arcam and Schiit? As for pricing of these items, all three of these contenders can be had for around $270 shipped (used) except for the Modi, which is brand new. 
I didn’t quite follow your reference to the Monster minijack cable but what I can tell you is in my system the sound quality using the iPad analog output- using a minijack to stereo RCA adapter to preamp, is lower than using the digital output - using a lightning camera adapter going into a Modi Multibit to preamp. Both approaches streaming the same Tidal HiFi content.
FWIW.