2815 N Leavitt 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
Rental property for sale in Orange City at 2815 N Leavitt Ave, Orange City, FL, 32763 offers $1,871/mo rent that, after a $1,370/mo payment, leaves $13/mo cash flow. Total monthly income is $1,871/mo, and annual cash flow is $160/yr on $92,820 cash. Return on cash invested measures 20.08% in year one, and rental yield stands at 8.02% at a $280,000 entry. Equity gained on principal adds $1,807/yr while 5% annual appreciation compounds into $77,359 by year five. Five-year ROI records 104.37% and total cumulative return in cash reaches $96,873. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,871/mo property income versus a $1,370/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
0.69 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: Mike Rance • RE/MAX 200 REALTY
Mls Name: Stellar MLS
Mls ID: #O6366314