Verona Plan, Port Orange Scattered Lot CommunityPort OrangeFL32129
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Verona Plan, Port Orange Scattered Lot Community, Port Orange, FL, 32129 priced at $634,990 converts $2,999/mo rent into after a $3,108/mo obligation. Total monthly income equals $2,999/mo. Return on cash invested prints 13.08% in year one, and rental yield reads 5.67% against a $634,990 entry. Equity gained on principal adds $4,097/yr, while 5% annual appreciation compiles into $175,436 by year five. Five-year ROI reaches 66.81% and total cumulative return in cash sums $139,565. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,999/mo property income covering a $3,108/mo payment, not borrower’s personal income.
Single Family
Built in 2024
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lizette Gonzalez • Maronda Homes
Mls Name: Maronda Homes
Mls Provider:
Mls ID: #N/A