1604 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 1604 Promenade Cir, Port Orange, FL, 32129 earns from $4,573/mo rent with a $4,160/mo payment. Total monthly income totals $4,573/mo. ROI tracks 14.14% on current figures, and rental yield reads 6.46% at a $850,000 purchase. Equity gained on principal adds $5,485/yr, and 5% annual appreciation supports $234,839 over five years. Five-year ROI reaches 72.93% and total cumulative return in cash sums $203,962. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,573/mo property income instead of your personal income.
Single Family
Built in 2004
0.50 Acres lot
$N/A/sqft
$953 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Williams • Realty Pros Assured
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1205688
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.