1502 Deer Springs RdPort 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 1502 Deer Springs Rd, Port Orange, FL, 32129 with 5% annual appreciation on a $227,900 basis while $2,132/mo rent supports operations. Total monthly income totals $2,132/mo and a $1,115/mo payment preserves $405/mo for cash returns. Annual cash flow comes to $4,859/yr on $75,549 deployed, and return on cash invested reaches 26.34% in year one. Equity gained on principal adds $1,471/yr, and five-year appreciation sums $62,965 alongside rental yield of 11.23%. Five-year ROI measures 139.17% and total cumulative return in cash totals $105,139.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,132/mo property income versus a $1,115/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2003
871.20 sqft lot
$N/A/sqft
$150 monthly 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: Kirsten Finley • Fiv Realty Co Florida LLC
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1213420
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.