1932 Cove Point RdPort OrangeFL32128
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
Rental property for sale in Port Orange at 1932 Cove Point Rd, Port Orange, FL, 32128 offers $2,735/mo rent that, after a $1,752/mo payment, leaves $192/mo cash flow. Total monthly income is $2,735/mo, and annual cash flow is $2,307/yr on $118,677 cash. Return on cash invested measures 21.85% in year one, and rental yield stands at 9.17% at a $358,000 entry. Equity gained on principal adds $2,310/yr while 5% annual appreciation compounds into $98,909 by year five. Five-year ROI records 114.49% and total cumulative return in cash reaches $135,870. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,735/mo property income versus a $1,752/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
6,098 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathy Cate • Adams, Cameron & Co., Realtors
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1212646
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.