1304 Deer Springs RdPort OrangeFL32129
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
Investment property for sale in Port Orange at 1304 Deer Springs Rd, Port Orange, FL, 32129 uses $64,643 cash to close to unlock $2,632/yr annual cash flow and $219/mo monthly cash flow. Total monthly income runs $1,513/mo, and a $954/mo payment keeps the spread at $219/mo. Purchase price stands at $195,000, and rental yield measures 9.31% with $1,513/mo rent. Return on cash invested shows 23.98% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 125.3% and total cumulative return in cash records $80,998. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,513/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1990
871.20 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: George Hanna • Home Wise Realty Group Inc
Mls Name: DBAMLS
Mls ID: #1217988