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5408 Barhydt Ave
B- Composite 68.17
Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +29.8/30.0
  • DSCR +10.0/10.0
  • 1% rule +7.5/10.0
  • ARV discount +7.5/15.0
  • Livability +4.0/5.0
  • Schools +3.9/10.0
  • Rent growth +3.0/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$140,000

5408 Barhydt Ave · Port Orange, FL 32127
3 bd · 1.5 ba · 660 sqft · Manufactured public records · 91 Days on market
Built 1972 4,791 sqft lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

NO LOT RENT. Spacious double wide mobile home. 3 bedroms 1.5 baths. Split bedroom plan. Open kitchen. Large living room. Storage shed & laundry room. Double length carport. Back entrance with concrete pad perfect for boat parking. partially fenced yard. Non-thru street. Minimal traffic. OWC owner financing with sustantial down payment Owner plans to repair or replace: front porch vinyl floors bathroom walls and tub some interior doors painting upper kitchen cabinets OR MAKE 'AS IS' OFFER

Key facts

  • Laundry room
  • Large living room
  • Storage shed

Tags

DOUBLE WIDE MOBILE HOMESPLIT BEDROOM PLANOPEN KITCHENLARGE LIVING ROOMSTORAGE SHEDLAUNDRY ROOM

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.5-bath manufactured listed at $140k.

Deal economics

  • At list price, monthly cash flow is $447 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $140k).
  • Recommended offer: $127k (9.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 80/100 on livability (#131 in FL, #1,957 nationally) — a professional / high-income tenant draw. Strengths: housing A+, health & safety A+, cost of living A; Watch: amenities D+, commute D+.
  • Volusia (suburban): math 44% / reading 49% proficiency, ranked #47 of 73 in FL (top 64%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising (+1.8%/yr); 418 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 3,402 units permitted in Volusia County in 2024 (681 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $968 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • Volusia County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 1.8% rent growth), your $39k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 91 days — a 9% lower offer ($127k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 25y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $65k; list at $140k implies a 115% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: flood insurance adds $66/mo.
  • Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $127,400 (9.0% below list)

Questions for the listing agent

  1. It's been on market 91 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.25%
Cap rate
10.70%
Cash-on-cash
15.73%
DSCR
1.70
GRM
6.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.83% rent growth · sell at horizon

5-year hold
IRR
2.5%
Equity multiple
1.10×
Total profit
$3,779
Equity at exit
$20,874
10-year hold
IRR
11.0%
Equity multiple
1.81×
Total profit
$31,848
Equity at exit
$12,105

Cash invested: $39,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Florida
87 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

ZIP-level market 32127

Rents YoY
1.8%
Active inventory
418
Price-to-rent
6.7×

Monthly cashflow live

Estimated rent
$1,749 medium interval (Pro) →
Mortgage (P&I)
$734
Tax from tax record
$75 /mo · $906/yr
Insurance
$58
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$0
Vacancy / Maint / Mgmt
$367
Net cashflow
$447

Break-even live

Break-even rent $1,183
Max offer price $140,000
Occupancy floor 69%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$35,000
Closing costs
$4,200
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
5249 Taylor Ave Port Orange, FL 2.0 2.5 672 $1,650 $2.46 14d 1 0.39mi

Listing history 14 events

  1. 2026-06-03
    days on market $140,000 Active 91 DOM
  2. 2026-06-03
    days on market $140,000 Active 90 DOM
  3. 2026-06-01
    days on market $140,000 Active 89 DOM
  4. 2026-05-31
    days on market $140,000 Active 88 DOM
  5. 2026-05-31
    days on market $140,000 Active 87 DOM
  6. 2026-03-02
    listed $140,000 Active 508-char remark
    Show marketing remark (508 chars)

    NO LOT RENT. Spacious double wide mobile home. 3 bedroms 1.5 baths. Split bedroom plan. Open kitchen. Large living room. Storage shed & laundry room. Double length carport. Back entrance with concrete pad perfect for boat parking. partially fenced yard. Non-thru street. Minimal traffic. OWC owner financing with sustantial down payment Owner plans to repair or replace: front porch vinyl floors bathroom walls and tub some interior doors painting upper kitchen cabinets OR MAKE 'AS IS' OFFER

  7. 2020-07-17
    soldstatus $65,000 Closed 293-char remark
    Show marketing remark (293 chars)

    NO LOT RENT. Spacious double wide mobile home. 3 bedroms 1.5 baths. Split bedroom plan. Open kitchen. Large living room. Storage shed & laundry room. Double length carport. Back entrance with concrete pad perfect for boat parking. partially fenced yard. Non-thru street. Minimal traffic.

  8. 2020-07-17
    soldstatus $65,000
    Show marketing remark (293 chars)

    NO LOT RENT. Spacious double wide mobile home. 3 bedroms 1.5 baths. Split bedroom plan. Open kitchen. Large living room. Storage shed & laundry room. Double length carport. Back entrance with concrete pad perfect for boat parking. partially fenced yard. Non-thru street. Minimal traffic.

  9. 2020-07-06
    listed $79,000 Active 293-char remark
    Show marketing remark (293 chars)

    NO LOT RENT. Spacious double wide mobile home. 3 bedroms 1.5 baths. Split bedroom plan. Open kitchen. Large living room. Storage shed & laundry room. Double length carport. Back entrance with concrete pad perfect for boat parking. partially fenced yard. Non-thru street. Minimal traffic.

  10. 2018-12-03
    soldstatus $940,000
  11. 2005-02-24
    soldstatus $980,000
  12. 2001-07-20
    soldstatus $17,000
  13. 2001-04-20
    listed $16,800
  14. 1994-08-19
    soldstatus $22,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

Current annual tax
$906 · $75/mo
Projected year-2 tax
$1,162 · $97/mo
Expected delta
+$256/yr (+$21/mo · 28.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 7/10 Severe FEMA zone X (unshaded) · 77% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥105°F today · 20 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$20,990
− Mortgage interest
−$7,842
− Property taxes
−$906
− Insurance
−$1,498
− Repairs & maintenance
−$1,679
− Management
−$1,679
− Depreciation
−$4,073
Taxable income
$3,313
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$795
After-tax cash flow
$4,573/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Volusia
NCES district ID
1201920
Math proficiency
44% ▼ -9.00%
Reading proficiency
49% ▼ -3.00%
Median HH income
$42,946
Composite
39.2/100
National rank
#4019
State rank
#47 of 73 in FL

Livability — Port Orange

Score
80/100
State rank
#131
US rank
#1957

Category grades

Amenities D+ Commute D+ Cost of living A Crime B- Employment C Housing A+ Health & safety A+ User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Port Orange, FL
County
Volusia County · 556,871 people
City population
75,051
Metro
Deltona-Daytona Beach-Ormond Beach, FL
Population (ZIP)
29,612
Household income
$71,676
Rent vs Own
18.4% rent · 81.6% own
Severe rent burden
812.0

Population outlook (Volusia County) Hauer SSP2

Today (2025)
572,749 people
By 2030
598,695 · +4.5%
By 2040
644,880 · +12.6%
By 2050
681,451 · +19.0%
By 2075
759,957 · +32.7%
By 2100
778,902 · +36.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (88%)
Race & ethnicity
White 88% Two or more races 6% Hispanic / Latino 4% Black 2% Asian 1%
Common ancestry
Romanian 5% Lithuanian 3% Iranian 2%
Foreign-born
6% · Canada
Languages at home
93% English-only · Spanish 3% Other Indo-European 1%

Political lean MEDSL · Volusia

2024 margin
Strong R (+21.8) · D 38.7% · R 60.5%
2008→2024 swing
-27.4pp toward R · 2008: 5.7pp · 2024: -21.8pp
All cycles
2024: R+21.8 2020: R+14.1 2016: R+13.1 2012: R+1.2 2008: D+5.7

Not yet ingested

Civics

Market trends

HPI YoY
▼ -348.71%
Current HPI
282.5248
Rent YoY
▲ 1.83%
Metro
Deltona-Daytona Beach-Ormond Beach, FL
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

+536.4% since first listed
9 events — show timeline
  • 2026-03-02 Listed $140,000 Daytona MLS
  • 2020-07-17 Sold (Public Records) $65,000 Public Records
  • 2020-07-17 Sold (MLS) $65,000 Daytona MLS
  • 2020-07-06 Listed $79,000 Daytona MLS
  • 2018-12-03 Sold (Public Records) $940,000 Public Records
  • 2005-02-24 Sold (Public Records) $980,000 Public Records
  • 2001-07-20 Sold (MLS) $17,000 Daytona MLS
  • 2001-04-20 Listed $16,800 Daytona MLS
  • 1994-08-19 Sold (Public Records) $22,000 Public Records

Property tax history

+2.8%/yr

Latest (2025): $906 · -39.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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