150 Spring Dr #150Pt 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 Pt Orange at 150 Spring Dr #150, Pt Orange, FL, 32129 uses $50,686 cash to close to unlock $19,352/yr annual cash flow and $1,613/mo monthly cash flow. Total monthly income runs $2,627/mo, and a $748/mo payment keeps the spread at $1,613/mo. Purchase price stands at $152,900, and rental yield measures 20.62% with $2,627/mo rent. Return on cash invested shows 58.09% in year one, and 5% annual appreciation builds toward $42,243 over five years. Five-year ROI reaches 308.21% and total cumulative return in cash records $156,220. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,627/mo property income covering a $748/mo payment rather than investor’s personal income.
Manufactured
Built in 2022
N/A 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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