403 W French 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 403 W French Ave, Orange City, FL, 32763 priced at $475,000 converts $3,060/mo rent into after a $2,325/mo obligation. Total monthly income equals $3,060/mo. Return on cash invested prints 19.21% in year one, and rental yield reads 7.73% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 99.65% and total cumulative return in cash sums $156,919. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,060/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Single Family
Built in 1989
0.57 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: Janissa Soto • CENTURY 21 MCBRIDE REALTY GROUP
Mls Name: Stellar MLS
Mls ID: #V4944260