825 2nd StOrange 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
Rental property for sale in Orange City at 825 2nd St, Orange City, FL, 32763 priced at $249,950 pairs $2,240/mo rent with $444/mo cash flow after a $1,223/mo payment. Total monthly income equals $2,240/mo, and annual cash flow comes to $5,325/yr on $82,858 invested. Return on cash invested is 26.34% in year one, and rental yield stands at 10.75% on a $249,950 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,057 by year five. Five-year ROI measures 138.62% and total cumulative return in cash reaches $114,858. For financing, Ziffy Mortgage’s DSCR program evaluates $2,240/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
9,583 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: Tammy Shaver • Redfin Corporation
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1211888
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.