2057 Crane Lakes Blvd #591Pt 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
Investment property for sale in Pt Orange at 2057 Crane Lakes Blvd #591, Pt Orange, FL, 32128 offers a 9.93% rental yield on a $290,000 purchase with $2,400/mo rent. Total monthly income registers $2,400/mo, and a $1,419/mo payment leaves $476/mo available for distribution. Annual cash flow reaches $5,711/yr on $96,135 to close, and return on cash invested stands at 25.85% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,122 over five years. Portfolio math shows five-year ROI at 135.28% and total cumulative return in cash at $130,048. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2004
N/A lot
$N/A/sqft
No 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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