237 Miller RdOrange 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
Rental property for sale in Orange City at 237 Miller Rd, Orange City, FL, 32763 offers $4,006/mo rent that, after a $1,611/mo payment, leaves $1,822/mo cash flow. Total monthly income is $4,006/mo, and annual cash flow is $21,860/yr on $109,130 cash. Return on cash invested measures 39.94% in year one, and rental yield stands at 14.6% at a $329,200 entry. Equity gained on principal adds $2,124/yr while 5% annual appreciation compounds into $90,952 by year five. Five-year ROI records 210.85% and total cumulative return in cash reaches $230,099. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,006/mo property income versus a $1,611/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
10.60 Acres 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: Drew Hershey • REALHOME SERVICE & SOLUTIONS I
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6181008
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511