722 Tangelo 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 722 Tangelo Ave, Orange City, FL, 32763 uses $54,698 cash to close to unlock $1,072/yr annual cash flow and $89/mo monthly cash flow. Total monthly income runs $1,310/mo, and a $808/mo payment keeps the spread at $89/mo. Purchase price stands at $165,000, and rental yield measures 9.53% with $1,310/mo rent. Return on cash invested shows 21.87% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 114.98% and total cumulative return in cash records $62,891. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,310/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1959
10,018 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: Tyler Bull • Realty Pros Assured
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1205029
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.