116 Williams StPort OrangeFL32127
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Port Orange at 116 Williams St, Port Orange, FL, 32127 priced at $184,900 converts $1,441/mo rent into $214/mo cash flow after a $905/mo obligation. Total monthly income equals $1,441/mo, and annual cash flow totals $2,568/yr on $61,294 invested. Return on cash invested prints 24.1% in year one, and rental yield reads 9.35% against a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation compiles into $51,084 by year five. Five-year ROI reaches 125.9% and total cumulative return in cash sums $77,167. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,441/mo property income covering a $905/mo payment, not borrower’s personal income.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32127, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,242 (100%) |
| Owner Occupied HU | 10,812 (66.6%) |
| Renter Occupied HU | 2,635 (16.2%) |
| Vacant Housing Units | 2,795 (17.2%) |
| Median Home Value | $378,337 |
| Average Home Value | $408,009 |
Housing Distribution
Address Breakdown
Residential
15,714
Single Family
11,907
Multi-Family
3,807
Businesses
874
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Listed by: Tamar Balfour • Tanglewood Trace
Mls Name: My State MLS
Mls ID: #11606317