89 Stone Gate LnPort 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 89 Stone Gate Ln, Port Orange, FL, 32129 offers a 11.98% rental yield on a $169,000 purchase with $1,687/mo rent. Total monthly income registers $1,687/mo, and a $827/mo payment leaves $566/mo available for distribution. Annual cash flow reaches $6,788/yr on $56,024 to close, and return on cash invested stands at 32.03% in year one. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Portfolio math shows five-year ROI at 168.41% and total cumulative return in cash at $94,351. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,687/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1979
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: Norina Burt • RE/MAX Signature
Mls Name: DBAMLS
Mls ID: #1221978