3606 S Peninsula Dr APT 406Port OrangeFL32127
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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 Port Orange at 3606 S Peninsula Dr APT 406, Port Orange, FL, 32127 generates $2,075/mo in rent and, after a $1,121/mo payment, leaves $555/mo in cash flow. Total monthly income is $2,075/mo, and annual cash flow is $6,662/yr on $75,914 invested. Return on cash invested sits at 28.68% in year one, and rental yield is 10.87% on a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 150.56% and total cumulative return in cash sums $114,293. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,075/mo property income rather than buyer’s personal income.
Condo
Built in 1974
2.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32127, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,242 (100%) |
| Owner Occupied HU | 10,812 (66.6%) |
| Renter Occupied HU | 2,635 (16.2%) |
| Vacant Housing Units | 2,795 (17.2%) |
| Median Home Value | $378,337 |
| Average Home Value | $408,009 |
Housing Distribution
Address Breakdown
Residential
15,714
Single Family
11,907
Multi-Family
3,807
Businesses
874
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Listed by: Lori Sharlow • Engel & Voelkers New Smyrna Beach
Mls Name: DBAMLS
Mls ID: #1214792