5321 Cordgrass Bend LnPort OrangeFL32128
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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 Port Orange at 5321 Cordgrass Bend Ln, Port Orange, FL, 32128 uses $114,318 cash to close to unlock $6,647/yr annual cash flow and $554/mo monthly cash flow. Total monthly income runs $2,880/mo, and a $1,688/mo payment keeps the spread at $554/mo. Purchase price stands at $344,850, and rental yield measures 10.02% with $2,880/mo rent. Return on cash invested shows 25.72% in year one, and 5% annual appreciation builds toward $95,276 over five years. Five-year ROI reaches 134.74% and total cumulative return in cash records $154,037. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,880/mo property income covering a $1,688/mo payment rather than investor’s personal income.
Single Family
Built in 2007
5,500 sqft lot
$N/A/sqft
$30 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32128, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,467 (100%) |
| Owner Occupied HU | 7,729 (73.8%) |
| Renter Occupied HU | 1,896 (18.1%) |
| Vacant Housing Units | 842 ( 8.0%) |
| Median Home Value | $445,769 |
| Average Home Value | $491,655 |
Housing Distribution
Address Breakdown
Residential
10,338
Single Family
8,903
Multi-Family
1,435
Businesses
299
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Listed by: Ashley Smith • LOCAL LIVING REALTY GROUP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #NS1082035
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511