4601 S Atlantic Ave UNIT 702Pt 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
Rental property for sale in Pt Orange at 4601 S Atlantic Ave UNIT 702, Pt Orange, FL, 32127 generates $3,466/mo in rent, after a $2,496/mo payment. Total monthly income is $3,466/mo. Return on cash invested sits at 10.45% in year one, and rental yield is 8.16% on a $510,000 entry. Equity gained on principal adds $3,291/yr, while 5% annual appreciation builds toward $140,904 over five years. Five-year ROI reaches 56.39% and total cumulative return in cash sums $94,611. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,466/mo property income rather than buyer’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
$1,425 monthly 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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Listed by: Cynthia Treadaway • Inlet Harbor Realty
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1212982
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.