700 Herbert StPort OrangeFL32129
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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 700 Herbert St, Port Orange, FL, 32129 offers $2,080/mo rent that, after a $1,174/mo payment, leaves $488/mo cash flow. Total monthly income is $2,080/mo, and annual cash flow is $5,858/yr on $79,527 cash. Return on cash invested measures 27.28% in year one, and rental yield stands at 10.4% at a $239,900 entry. Equity gained on principal adds $1,548/yr while 5% annual appreciation compounds into $66,280 by year five. Five-year ROI records 142.98% and total cumulative return in cash reaches $113,707. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,080/mo property income versus a $1,174/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32129, Port Orange, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,335 (100%) |
| Owner Occupied HU | 7,262 (58.9%) |
| Renter Occupied HU | 3,950 (32.0%) |
| Vacant Housing Units | 1,123 ( 9.1%) |
| Median Home Value | $286,188 |
| Average Home Value | $306,720 |
Housing Distribution
Address Breakdown
Residential
11,464
Single Family
8,868
Multi-Family
2,596
Businesses
824
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Listed by: Ron Wysocarski • LPT Realty, LLC
Mls Name: DBAMLS
Mls ID: #1217887