403 Herbert StPort 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
Total monthly income runs $1,934/mo, and a $2,442/mo payment. Purchase price stands at $499,000, and rental yield measures 4.65% with $1,934/mo rent. Return on cash invested shows 9.92% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 49.85% and total cumulative return in cash records $82,458. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,934/mo property income covering a $2,442/mo payment rather than investor’s personal income.
Single Family
Built in 1920
0.56 Acres lot
$N/A/sqft
No 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: Alexus Macblain • KELLER WILLIAMS CORNERSTONE RE
Mls Name: Stellar MLS
Mls ID: #OM709409