96 Springwood SqPort 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
Rental property for sale in Port Orange at 96 Springwood Sq, Port Orange, FL, 32129 offers $1,283/mo rent that, after a $807/mo payment, leaves $189/mo cash flow. Total monthly income is $1,283/mo, and annual cash flow is $2,266/yr on $54,664 cash. Return on cash invested measures 24.05% in year one, and rental yield stands at 9.34% at a $164,900 entry. Equity gained on principal adds $1,064/yr while 5% annual appreciation compounds into $45,559 by year five. Five-year ROI records 125.64% and total cumulative return in cash reaches $68,680. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,283/mo property income versus a $807/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
2,613 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: Katelyn Perkins • Realty Pros Assured
Mls Name: DBAMLS
Mls ID: #1220554