604 Lantern LnOrange CityFL32763
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Nearby investment properties with comparable prices
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 604 Lantern Ln, Orange City, FL, 32763 at $285,000 posts ROI 25.82% with $466/mo cash flow from $2,357/mo rent. Total monthly income equals $2,357/mo, and annual cash flow records $5,587/yr on $94,478 to close. Return on cash invested measures 25.82% and rental yield reads 9.92% at the current $285,000. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 by year five. Five-year ROI prints 135.15% and total cumulative return in cash totals $127,686.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,357/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1962
8,100 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: Jenny Wemert • WEMERT GROUP REALTY LLC
Mls Name: Stellar MLS
Mls ID: #O6346385