1248 Girog AvePort 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 1248 Girog Ave, Port Orange, FL, 32129 offers a 9.41% rental yield on a $295,000 purchase with $2,313/mo rent. Total monthly income registers $2,313/mo, and a $1,444/mo payment leaves $293/mo available for distribution. Annual cash flow reaches $3,513/yr on $97,793 to close, and return on cash invested stands at 23.5% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 122.97% and total cumulative return in cash at $120,254. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,313/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
10,018 sqft lot
$N/A/sqft
$375 semi-annually 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: Mark Straka • Life Real Estate
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1213567
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.