For real estate investors, understanding cash on cash return (COC) is crucial to maximizing profits and minimizing risks. In Port Orange, the market is ripe with opportunities that boast impressive COC figures, making it an attractive destination for savvy investors. For instance, a manufactured home offers a staggering 63.1% COC with a purchase price of $140,000, while a single-family home presents a solid 33.7% COC at $262,800. These compelling data points highlight the potential for lucrative returns in this vibrant market.
This article will delve into the most promising real estate deals in Port Orange, showcasing properties with high cash on cash returns and other attractive characteristics. By analyzing these data points, investors can identify lucrative opportunities that align with their financial goals.
Understanding which metrics matter most—such as cash flow, cap rate, and net operating income (NOI)—is essential for making informed investment decisions. With the right insights, investors can navigate the Port Orange real estate landscape with confidence and seize the best opportunities available.
Did you know that Florida's real estate market has been one of the fastest-growing in the nation, with Port Orange experiencing a significant increase in property values over the past decade? This trend underscores the importance of staying informed and strategically investing in this thriving area.
| View Property | Location | Type | Cash on Cash | Price | Rent | Total Payment | NOI | Cap Rate | Cash Flow | GRM | DSCR | P&I | Tax | HOA Fees | Insurance |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sign up for a free account to view this property's address and details. | Pt Orange, FL | Manufactured | 63.1% | $140,000 | $2,311 | $838 | $2,269 | 19.4% | $1,473 | 5.0 | 3.2 | $711 | $85 | $0 | $42 |
| Sign up for a free account to view this property's address and details. | Port Orange, FL | Single Family | 33.7% | $262,800 | $3,036 | $1,561 | $2,957 | 13.5% | $1,475 | 7.2 | 2.2 | $1,322 | $160 | $0 | $79 |
| Sign up for a free account to view this property's address and details. | New Smyrna Beach, FL | Single Family | 28.2% | $209,900 | $2,244 | $1,257 | $2,181 | 12.5% | $987 | 7.8 | 2.0 | $1,066 | $128 | $0 | $63 |
| Sign up for a free account to view this property's address and details. | Port Orange, FL | Single Family | 20.6% | $250,000 | $2,343 | $1,486 | $2,268 | 10.9% | $857 | 8.9 | 1.8 | $1,259 | $152 | $0 | $75 |
| Sign up for a free account to view this property's address and details. | Daytona Beach, FL | Single Family | 19.9% | $175,000 | $1,628 | $1,048 | $1,575 | 10.8% | $580 | 9.0 | 1.8 | $889 | $106 | $0 | $53 |
| Sign up for a free account to view this property's address and details. | Port Orange, FL | Townhouse | 17.1% | $249,900 | $2,484 | $1,773 | $2,132 | 10.2% | $711 | 8.4 | 1.7 | $1,269 | $152 | $277 | $75 |
| Sign up for a free account to view this property's address and details. | Daytona Beach, FL | Single Family | 14.0% | $300,000 | $2,582 | $1,883 | $2,393 | 9.6% | $699 | 9.7 | 1.6 | $1,511 | $183 | $99 | $90 |
| 535 Madison Ave, Daytona Beach, FL 32114 | Daytona Beach, FL | Single Family | 10.1% | $309,900 | $2,365 | $1,841 | $2,272 | 8.8% | $524 | 10.9 | 1.5 | $1,559 | $189 | $0 | $93 |
| 2917 S Atlantic Ave APT 706, Daytona Beach Shores, FL 32118 | Daytona Beach Shores, FL | Condo | 8.9% | $325,000 | $3,398 | $2,916 | $2,315 | 8.5% | $482 | 8.0 | 1.4 | $1,635 | $198 | $985 | $98 |
| 752 Colfax Dr, Daytona Beach, FL 32114 | Daytona Beach, FL | Single Family | 8.9% | $259,990 | $1,929 | $1,545 | $1,851 | 8.5% | $384 | 11.2 | 1.4 | $1,309 | $158 | $0 | $78 |
| 1972 Pioneer Trl, New Smyrna Beach, FL 32168 | New Smyrna Beach, FL | Single Family | 5.7% | $220,000 | $1,529 | $1,319 | $1,463 | 8.0% | $210 | 12.0 | 1.3 | $1,119 | $134 | $0 | $66 |
| 1105 Plover Pl, New Smyrna Beach, FL 32168 | New Smyrna Beach, FL | Single Family | 2.1% | $299,900 | $1,888 | $1,782 | $1,798 | 7.2% | $106 | 13.2 | 1.2 | $1,510 | $182 | $0 | $90 |
| 125 Links Terrace Blvd, Daytona Beach, FL 32124 | Daytona Beach, FL | Single Family | -0.2% | $435,000 | $2,688 | $2,699 | $2,444 | 6.7% | -$11 | 13.5 | 1.1 | $2,190 | $265 | $113 | $131 |
| 956 Tall Pine Dr, Port Orange, FL 32127 | Port Orange, FL | Single Family | -0.4% | $389,000 | $2,288 | $2,313 | $2,171 | 6.7% | -$25 | 14.2 | 1.1 | $1,959 | $237 | $0 | $117 |
| 915 Maple St, New Smyrna Beach, FL 32169 | New Smyrna Beach, FL | Single Family | -1.0% | $950,000 | $5,415 | $5,572 | $5,130 | 6.5% | -$157 | 14.6 | 1.1 | $4,709 | $578 | $0 | $285 |
| 460 Sea Duck Dr, Daytona Beach, FL 32119 | Daytona Beach, FL | Single Family | -1.4% | $531,300 | $3,112 | $3,232 | $2,878 | 6.5% | -$120 | 14.2 | 1.1 | $2,675 | $323 | $75 | $159 |
| 4619 Barnacle Dr, Port Orange, FL 32127 | Port Orange, FL | Single Family | -1.7% | $319,900 | $1,831 | $1,919 | $1,718 | 6.4% | -$88 | 14.6 | 1.1 | $1,611 | $195 | $17 | $96 |
| 3011 Trubs Trce, New Smyrna Beach, FL 32168 | New Smyrna Beach, FL | Single Family | -1.8% | $379,900 | $2,193 | $2,308 | $2,029 | 6.4% | -$115 | 14.4 | 1.1 | $1,913 | $231 | $50 | $114 |
| 383 Leoni St, New Smyrna Beach, FL 32168 | New Smyrna Beach, FL | Single Family | -2.3% | $649,900 | $3,644 | $3,890 | $3,374 | 6.2% | -$246 | 14.9 | 1.0 | $3,225 | $395 | $75 | $195 |
| 5935 Brandon Ln, Port Orange, FL 32127 | Port Orange, FL | Single Family | -2.6% | $480,000 | $2,644 | $2,851 | $2,500 | 6.3% | -$207 | 15.1 | 1.0 | $2,415 | $292 | $0 | $144 |
| 6028 Whispering Trees Ln, Pt Orange, FL 32128 | Pt Orange, FL | Single Family | -2.8% | $439,000 | $2,432 | $2,637 | $2,270 | 6.2% | -$205 | 15.0 | 1.0 | $2,208 | $267 | $30 | $132 |
| 803 E 11th Ave, New Smyrna Beach, FL 32169 | New Smyrna Beach, FL | Single Family | -3.7% | $825,000 | $4,327 | $4,840 | $4,079 | 5.9% | -$513 | 15.9 | 1.0 | $4,090 | $502 | $0 | $248 |
| 1224 S Peninsula Dr APT 409, Daytona Beach, FL 32118 | Daytona Beach, FL | Condo | -7.6% | $219,000 | $1,741 | $2,017 | $969 | 5.3% | -$276 | 10.5 | 0.9 | $1,112 | $133 | $706 | $66 |
| 6099 Red Stag Dr, Port Orange, FL 32128 | Port Orange, FL | Single Family | -7.6% | $539,900 | $2,564 | $3,245 | $2,366 | 5.3% | -$681 | 17.5 | 0.9 | $2,719 | $328 | $36 | $162 |
| 801 Sandpiper Ave, New Smyrna Beach, FL 32169 | New Smyrna Beach, FL | Single Family | -10.7% | $990,000 | $4,040 | $5,812 | $3,743 | 4.5% | -$1,772 | 20.4 | 0.8 | $4,913 | $602 | $0 | $297 |
| 622 Yupon Ave, New Smyrna Beach, FL 32169 | New Smyrna Beach, FL | Single Family | -11.2% | $825,000 | $3,302 | $4,844 | $3,054 | 4.4% | -$1,542 | 20.8 | 0.7 | $4,094 | $502 | $0 | $248 |
Cash on Cash Return: 63.1%
Price: $140,000
Rent: $2,311
Total Payment: $838
Cap Rate: 19.4%
Cash Flow: $1,473
GRM: 5.0
DSCR: 3.2
Location: S Greenway Dr
Last Updated: 12/14/2024
First Seen: 12/14/2024
This manufactured home on S Greenway Dr offers an impressive cash on cash return of 63.1%, making it one of the best cash flow properties in Port Orange. With a cap rate of 19.4%, this property stands out due to its strong rental income and low total payment, ensuring a healthy cash flow for investors.
Cash on Cash Return: 33.7%
Price: $262,800
Rent: $3,036
Total Payment: $1,561
Cap Rate: 13.5%
Cash Flow: $1,475
GRM: 7.2
DSCR: 2.2
Location: Poinciana Ave
Last Updated: 12/14/2024
First Seen: 12/14/2024
This single-family home on Poinciana Ave is another excellent investment opportunity, featuring a cash on cash return of 33.7%. The property’s cap rate of 13.5% and consistent rental income make it a solid choice for investors looking for rental properties for sale in Port Orange.
Cash on Cash Return: 28.2%
Price: $209,900
Rent: $2,244
Total Payment: $1,257
Cap Rate: 12.5%
Cash Flow: $987
GRM: 7.8
DSCR: 2.0
Location: Sheldon St
Last Updated: 12/14/2024
First Seen: 12/14/2024
Located on Sheldon St, this single-family home offers a cash on cash return of 28.2%. With a cap rate of 12.5%, this property is a great option for investors looking for cash flow properties in Port Orange.
Cash on cash return and cap rate are critical metrics for real estate investors. A high cash on cash return indicates that the property generates significant income relative to the investment made, while a strong cap rate reflects the property's ability to generate income compared to its value. These metrics suggest that the listed properties in Port Orange are not only profitable but also present a lower risk for investors.
The Gross Rent Multiplier (GRM) and Debt Service Coverage Ratio (DSCR) are essential tools for evaluating real estate investments. GRM helps investors understand how long it will take to recoup their investment through rental income, while DSCR measures the property’s ability to cover its debt obligations. For instance, the manufactured home on S Greenway Dr has a GRM of 5.0 and a DSCR of 3.2, indicating a strong investment potential.
To increase rental income, consider property upgrades, adjusting rents to market rates, or targeting specific renter demographics. Additionally, minimizing operating costs through effective management of HOA fees, taxes, and insurance can significantly enhance cash flow. For example, by reducing insurance costs on the single-family home on Poinciana Ave, investors could see an increase in cash flow, making the property even more attractive.
Investing in condos versus single-family homes has its pros and cons. Condos may offer lower maintenance costs and higher cash flow potential, while single-family homes often appreciate better over time. The properties listed demonstrate that both types can yield strong returns, making them viable options for investors in Port Orange.
With its high cash flow properties and strong cap rates, Port Orange stands out as an excellent choice for real estate investors. The featured properties showcase the potential for solid returns, making it a market worth exploring. Don’t miss out on these high-return investment opportunities—contact us today for more information or to sign up for real-time updates on the best investment properties in Port Orange!