609 Howard 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 609 Howard Ave, Orange City, FL, 32763 at $220,000 posts ROI 29.86% with $605/mo cash flow from $2,070/mo rent. Total monthly income equals $2,070/mo, and annual cash flow records $7,261/yr on $72,930 to close. Return on cash invested measures 29.86% and rental yield reads 11.29% at the current $220,000. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 by year five. Five-year ROI prints 156.89% and total cumulative return in cash totals $114,419.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,070/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
9,960 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: Joshua Cockayne • THE BAUMGARTNER COMPANY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #V4939944
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