4590 S Atlantic Ave UNIT 247Pt 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
Investment property for sale in Pt Orange at 4590 S Atlantic Ave UNIT 247, Pt Orange, FL, 32127 uses $82,875 cash to close to unlock $9,607/yr annual cash flow and $801/mo monthly cash flow. Total monthly income runs $2,460/mo, and a $1,224/mo payment keeps the spread at $801/mo. Purchase price stands at $250,000, and rental yield measures 11.81% with $2,460/mo rent. Return on cash invested shows 31.5% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 165.6% and total cumulative return in cash records $137,242. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,460/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A 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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