Iris Plan, Coastal CommunitiesPort 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 Iris Plan, Coastal Communities, Port Orange, FL, 32129 earns $690/mo cash flow from $2,999/mo rent with a $1,703/mo payment. Total monthly income totals $2,999/mo, and annual cash flow totals $8,281/yr on $115,326 capital. ROI tracks 27.09% on current figures, and rental yield reads 10.34% at a $347,890 purchase. Equity gained on principal adds $2,245/yr, and 5% annual appreciation supports $96,116 over five years. Five-year ROI reaches 141.97% and total cumulative return in cash sums $163,727. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,999/mo property income instead of your personal income.
Single Family
Built in 2025
N/A 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: Ashley Leichty • Maronda Homes
Mls Name: Maronda Homes
Mls Provider:
Mls ID: #N/A