742 Larado DrPort 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
Investment property for sale in Port Orange at 742 Larado Dr, Port Orange, FL, 32129 uses $82,544 cash to close to unlock $3,196/yr annual cash flow and $266/mo monthly cash flow. Total monthly income runs $1,919/mo, and a $1,219/mo payment keeps the spread at $266/mo. Purchase price stands at $249,000, and rental yield measures 9.25% with $1,919/mo rent. Return on cash invested shows 23.78% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 124.24% and total cumulative return in cash records $102,548. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,919/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Single Family
Built in 1980
8,276 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: Joseph Gambino PLLC • Gaff's Realty Company
Mls Name: DBAMLS
Mls ID: #1221353