980 Canal View Blvd APT J5Pt 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 Pt Orange at 980 Canal View Blvd APT J5, Pt Orange, FL, 32129 uses $61,328 cash to close to unlock $2,685/yr annual cash flow and $224/mo monthly cash flow. Total monthly income runs $1,451/mo, and a $905/mo payment keeps the spread at $224/mo. Purchase price stands at $185,000, and rental yield measures 9.41% with $1,451/mo rent. Return on cash invested shows 24.29% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 126.92% and total cumulative return in cash records $77,835. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,451/mo property income covering a $905/mo payment rather than investor’s personal income.
Condo
Built in 1983
871.20 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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