830 Airport Rd APT 415Port OrangeFL32128
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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 830 Airport Rd APT 415, Port Orange, FL, 32128 uses $82,875 cash to close to unlock $4,687/yr annual cash flow and $391/mo monthly cash flow. Total monthly income runs $2,050/mo, and a $1,224/mo payment keeps the spread at $391/mo. Purchase price stands at $250,000, and rental yield measures 9.84% with $2,050/mo rent. Return on cash invested shows 25.56% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 133.77% and total cumulative return in cash records $110,866. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,050/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32128, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,467 (100%) |
| Owner Occupied HU | 7,729 (73.8%) |
| Renter Occupied HU | 1,896 (18.1%) |
| Vacant Housing Units | 842 ( 8.0%) |
| Median Home Value | $445,769 |
| Average Home Value | $491,655 |
Housing Distribution
Address Breakdown
Residential
10,338
Single Family
8,903
Multi-Family
1,435
Businesses
299
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Listed by: Charles Beckham • RE/MAX Signature
Mls Name: DBAMLS
Mls ID: #1221554