3804 Grove View LnPort OrangeFL32129
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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 3804 Grove View Ln, Port Orange, FL, 32129 generates $2,320/mo in rent and, after a $1,434/mo payment, leaves $247/mo in cash flow. Total monthly income is $2,320/mo, and annual cash flow is $2,970/yr on $97,091 invested. Return on cash invested sits at 22.97% in year one, and rental yield is 9.51% on a $292,885 entry. Equity gained on principal adds $1,890/yr, while 5% annual appreciation builds toward $80,919 over five years. Five-year ROI reaches 120.42% and total cumulative return in cash sums $116,914. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,320/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
8,171 sqft lot
$N/A/sqft
$12 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32129, Port Orange, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,335 (100%) |
| Owner Occupied HU | 7,262 (58.9%) |
| Renter Occupied HU | 3,950 (32.0%) |
| Vacant Housing Units | 1,123 ( 9.1%) |
| Median Home Value | $286,188 |
| Average Home Value | $306,720 |
Housing Distribution
Address Breakdown
Residential
11,464
Single Family
8,868
Multi-Family
2,596
Businesses
824
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Listed by: Clarissa Swartzlander • YOUR HOME SOLD GUARANTEED REALTY (PC)
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #FC304719
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