2807 N Thorpe AveOrange CityFL32763
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 2807 N Thorpe Ave, Orange City, FL, 32763 in Orange City at $289,000 earns $2,075/mo in rent and nets $157/mo after the $1,300/mo payment, a 8.62% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $79,845 over five years. Ziffy Mortgage underwrites this on a 1.60 DSCR without U.S. credit history. With $2,662/yr in principal paydown, total projected return reaches $120,256.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.2% |
| Monthly Cash Flow | $157 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,075 |
| Total Monthly Debt Service | $1,803 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1981
0.52 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
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
Single Family
Built in 1981
0.52 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammi Pettis • UNITED REAL ESTATE PREFERRED
Mls Name: Stellar MLS
Mls ID: #V4943991