467 Lancaster 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
Investment property for sale in Orange City at 467 Lancaster Ave, Orange City, FL, 32763 uses $50,355 cash to close to unlock $13,733/yr annual cash flow and $1,144/mo monthly cash flow. Total monthly income runs $2,152/mo, and a $743/mo payment keeps the spread at $1,144/mo. Purchase price stands at $151,900, and rental yield measures 17% with $2,152/mo rent. Return on cash invested shows 47.18% in year one, and 5% annual appreciation builds toward $41,967 over five years. Five-year ROI reaches 249.7% and total cumulative return in cash records $125,738. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,152/mo property income covering a $743/mo payment rather than investor’s personal income.
Single Family
Built in 1997
10,425 sqft 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: Heather Unger, PA • ACME REAL ESTATE FLORIDA LLC
Mls Name: Stellar MLS
Mls ID: #O6350282