235 Lancaster AveOrange CityFL32763
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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 Orange City at 235 Lancaster Ave, Orange City, FL, 32763 with 5% annual appreciation on a $310,000 basis while $2,432/mo rent supports operations. Total monthly income totals $2,432/mo and a $1,517/mo payment preserves $375/mo for cash returns. Annual cash flow comes to $4,501/yr on $102,765 deployed, and return on cash invested reaches 24.29% in year one. Equity gained on principal adds $2,000/yr, and five-year appreciation sums $85,647 alongside rental yield of 9.41%. Five-year ROI measures 126.95% and total cumulative return in cash totals $130,459.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,432/mo property income versus a $1,517/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1993
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32763, Orange City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,526 (100%) |
| Owner Occupied HU | 7,600 (65.9%) |
| Renter Occupied HU | 3,109 (27.0%) |
| Vacant Housing Units | 817 ( 7.1%) |
| Median Home Value | $332,141 |
| Average Home Value | $376,981 |
Housing Distribution
Address Breakdown
Residential
10,814
Single Family
9,687
Multi-Family
1,127
Businesses
998
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Listed by: James Brodick • Realty Pros Assured
Mls Name: DBAMLS
Mls ID: #1219130