1808 Forough CirPort OrangeFL32128
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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
Rental property for sale in Port Orange at 1808 Forough Cir, Port Orange, FL, 32128 priced at $429,900 pairs $3,229/mo rent with $323/mo cash flow after a $2,104/mo payment. Total monthly income equals $3,229/mo, and annual cash flow comes to $3,875/yr on $142,512 invested. Return on cash invested is 22.63% in year one, and rental yield stands at 9.01% on a $429,900 basis. Equity gained on principal adds $2,774/yr, and 5% annual appreciation accumulates to $118,773 by year five. Five-year ROI measures 118.16% and total cumulative return in cash reaches $168,391. For financing, Ziffy Mortgage’s DSCR program evaluates $3,229/mo property income against a $2,104/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
N/A lot
$N/A/sqft
$160 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32128, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,467 (100%) |
| Owner Occupied HU | 7,729 (73.8%) |
| Renter Occupied HU | 1,896 (18.1%) |
| Vacant Housing Units | 842 ( 8.0%) |
| Median Home Value | $445,769 |
| Average Home Value | $491,655 |
Housing Distribution
Address Breakdown
Residential
10,338
Single Family
8,903
Multi-Family
1,435
Businesses
299
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Listed by: Lee Toutounchian • Executive Realty Group LLC
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1211974
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.