5108 Ridgewood AvePort 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 Port Orange at 5108 Ridgewood Ave, Port Orange, FL, 32127 priced at $138,611 pairs $2,851/mo rent with $1,932/mo cash flow after a $678/mo payment. Total monthly income equals $2,851/mo, and annual cash flow comes to $23,179/yr on $45,950 invested. Return on cash invested is 70.35% in year one, and rental yield stands at 24.68% on a $138,611 basis. Equity gained on principal adds $894/yr, and 5% annual appreciation accumulates to $38,296 by year five. Five-year ROI measures 373.99% and total cumulative return in cash reaches $171,846. For financing, Ziffy Mortgage’s DSCR program evaluates $2,851/mo property income against a $678/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
0.28 Acres 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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Listed by: N/A • N/A
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