1601 Promenade CirPort 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 1601 Promenade Cir, Port Orange, FL, 32129 listed at $429,900 pairs $3,508/mo rent with a $2,104/mo payment to leave $655/mo cash flow. Total monthly income runs $3,508/mo, and annual cash flow reaches $7,863/yr on $142,512 cash to close. Return on cash invested measures 25.43% in year one, and rental yield registers 9.79% at a $429,900 basis. Equity gained on principal adds $2,774/yr, and annual property appreciation at 5% supports $118,773 by year five. Five-year ROI tracks 133.04% and total cumulative return in cash totals $189,595. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,508/mo property income relative to a $2,104/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
9,500 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: Daniel Rodriguez • NEW HEIGHTS REALTY GROUP
Mls Name: Stellar MLS
Mls ID: #O6288451