712 Rock CtPort 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 712 Rock Ct, Port Orange, FL, 32129 priced at $229,000 converts $1,494/mo rent into after a $1,121/mo obligation. Total monthly income equals $1,494/mo. Return on cash invested prints 19.5% in year one, and rental yield reads 7.83% against a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,268 by year five. Five-year ROI reaches 101.27% and total cumulative return in cash sums $76,877. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,494/mo property income covering a $1,121/mo payment, not borrower’s personal income.
Manufactured
Built in 1983
7,405 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: Marcus Brink • Newberry Realty & Development Group Inc.
Mls Name: DBAMLS
Mls ID: #1221103