4585 Terrace Village DrPort 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 4585 Terrace Village Dr, Port Orange, FL, 32129 priced at $345,400 pairs $2,870/mo rent with $577/mo cash flow after a $1,691/mo payment. Total monthly income equals $2,870/mo, and annual cash flow comes to $6,929/yr on $114,500 invested. Return on cash invested is 25.96% in year one, and rental yield stands at 9.97% on a $345,400 basis. Equity gained on principal adds $2,229/yr, and 5% annual appreciation accumulates to $95,428 by year five. Five-year ROI measures 135.89% and total cumulative return in cash reaches $155,590. For financing, Ziffy Mortgage’s DSCR program evaluates $2,870/mo property income against a $1,691/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
N/A 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: N/A • N/A
Mls Name: DBAMLS
Mls ID: #1205581