1118 Meditation LoopPort OrangeFL32129
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Port Orange at 1118 Meditation Loop, Port Orange, FL, 32129 earns $996/mo cash flow from $3,119/mo rent with a $1,566/mo payment. Total monthly income totals $3,119/mo, and annual cash flow totals $11,948/yr on $106,080 capital. ROI tracks 31.17% on current figures, and rental yield reads 11.7% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 163.83% and total cumulative return in cash sums $173,787. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,119/mo property income instead of your personal income.
Single Family
Built in 1991
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32129, Port Orange, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,335 (100%) |
| Owner Occupied HU | 7,262 (58.9%) |
| Renter Occupied HU | 3,950 (32.0%) |
| Vacant Housing Units | 1,123 ( 9.1%) |
| Median Home Value | $286,188 |
| Average Home Value | $306,720 |
Housing Distribution
Address Breakdown
Residential
11,464
Single Family
8,868
Multi-Family
2,596
Businesses
824
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Listed by: Leah Newth • LPT Realty, LLC
Mls Name: DBAMLS
Mls ID: #1217475