1929 Cove Point RdPort 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 1929 Cove Point Rd, Port Orange, FL, 32128 priced at $500,000 pairs $3,581/mo rent with $107/mo cash flow after a $2,447/mo payment. Total monthly income equals $3,581/mo, and annual cash flow comes to $1,278/yr on $165,750 invested. Return on cash invested is 20.68% in year one, and rental yield stands at 8.59% on a $500,000 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,141 by year five. Five-year ROI measures 107.97% and total cumulative return in cash reaches $178,964. For financing, Ziffy Mortgage’s DSCR program evaluates $3,581/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
5,662 sqft lot
$N/A/sqft
$90 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: Ron Wysocarski • LPT Realty, LLC
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1212772
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.