69 Springwood Sq · Port Orange, FL 32129

$195,000

2 bd · 1.5 ba · 1,242 sqft · SingleFamily public records · 94 Days on market

Built 1981 3,484 sqft lot ↓ 36% since listing

---

Why this score? — see what drove the D 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 +14.2/30.0
• ARV discount +7.5/15.0
• DSCR +4.3/10.0
• Livability +4.0/5.0
• Schools +3.9/10.0
• 1% rule +3.6/10.0
• Condition / age +2.5/5.0
• Rent growth +1.8/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This two-story home gives you more space and light than you'd expect at this price point. An open-concept main level with new flooring and natural light pouring through four sliding glass doors makes the whole downstairs feel wide open. Two of those sliders open directly to a covered patio and fully fenced yard, your morning coffee spot that doubles as a weekend hangout. Upstairs, both bedrooms step out to a shared balcony, giving every room in this home a connection to the outdoors. The details check the practical boxes too. Indoor laundry, fresh interior paint throughout, extra storage, and zero HOA, meaning no permission slips to live your life. Then there's the location. Port Orange hits a sweet spot on the Florida coast that's hard to beat. Laid-back beach town energy without the tourist congestion you get further north or south. You're minutes from the Atlantic, close to shopping, dining, and medical facilities, but it still feels like a neighborhood, not a corridor. It's the kind of place where people move to and quietly wonder why they didn't do it sooner. Whether this is your primary residence, a coastal getaway, or your next investment property, it's worth a look. Schedule your private showing today.

Key facts

• Extra storage
• Covered patio
• Indoor laundry

Tags

• OPEN CONCEPT MAIN LEVEL
• COVERED PATIO
• FULLY FENCED YARD
• INDOOR LAUNDRY
• FRESH INTERIOR PAINT
• EXTRA STORAGE

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath single-family listed at $195k.

Deal economics

• At list price, monthly cash flow is $32 ($383/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $168k (13.9% below list).
• Recommended offer: $168k (13.9% below list) — sets the bar for 1% rule.

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.
• Zoned schools: Sugar Mill Elementary School (math 59% / reading 58%, grade B-, #735 of 2,144 statewide, top 35%, 623 students, 64% FRL); Silver Sands Middle School (math 50% / reading 52%, grade C, #237 of 571 statewide, top 43%, 1,165 students, 54% FRL); Spruce Creek High School (math 37% / reading 61%, grade D, #193 of 667 statewide, top 29%, 2,569 students, 37% FRL) — zoned schools at 52% FRL track the district average.
• Market conditions: Rents soft (-2.7%/yr); 248 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $1k of loan paydown is wiped out by about $6k 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.

Negotiation context

• It's been on market 94 days — a 9% lower offer ($177k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 23y 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.

Risks & watch-outs

• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $167,947 (13.9% below list)

Questions for the listing agent

1. It's been on market 94 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. 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.
7. 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.
8. 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: 0.86% ✗
• Cap rate: 6.49%
• Cash-on-cash: 0.70%
• DSCR: 1.03
• GRM: 9.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -18.5%
• Equity multiple: 0.37×
• Total profit: $-34,494
• Equity at exit: $29,075

10-year hold

• IRR: -18.0%
• Equity multiple: 0.15×
• Total profit: $-46,468
• Equity at exit: $16,860

Cash invested: $54,600 (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.

Methodology + full state rankings →

ZIP-level market 32129

• Rents YoY: -2.7%
• Active inventory: 248
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $1,679 high
• Mortgage (P&I): −$1,023
• Tax from tax record: −$191 /mo · $2,292/yr
• Insurance: −$81
• HOA: −$0
• Vacancy / Maint / Mgmt: −$353
• Net cashflow: $32

Break-even live

Break-even rent $1,639

Max offer price $195,000

Occupancy floor 93%

Sensitivity live

Price	-10% $142	-5% $87	+0% $32	+5% $-23	+10% $-78
Rent	-10% $-101	-5% $-34	+0% $32	+5% $98	+10% $165
Rate	-1.0pp $130	-0.5pp $82	base $32	+0.5pp $-19	+1.0pp $-70

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: $48,750
• Closing costs: $5,850
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
86 Springwood Sq Unit 86 Port Orange, FL	2.0	1.5	1249	$1,450	$1.16	23d	1	0.09mi
190 Moonstone Ct Port Orange, FL	2.0	2.0	1400	$1,650	$1.18	23d	1	0.09mi
104 Moonstone Ct Port Orange, FL	2.0	2.0	1400	$1,950	$1.39	23d	1	0.10mi
21 Springwood Sq Unit 23 Port Orange, FL	2.0	1.5	1249	$1,500	$1.20	25d	1	0.15mi
3656 Jackson St Unit 1A Port Orange, FL	2.0	1.5	1164	$1,550	$1.33	25d	1	0.17mi
1206 Deer Springs Rd Port Orange, FL	2.0	2.0	1064	$1,625	$1.53	16d	1	0.33mi
980 Canal View Blvd Port Orange, FL	2.0	1.5	1024	$1,448	$1.41	25d	2	0.37mi
1032 W Samms Ave Port Orange, FL	2.0	2.0	1176	$1,650	$1.40	16d	1	0.51mi
3554 Irish Ln Port Orange, FL	2.0	2.0	1470	$2,000	$1.36	25d	1	0.52mi
1111 Squirrel Nest Ln Port Orange, FL	2.0	2.0	1169	$1,900	$1.63	16d	1	0.61mi
61 Brandy Hills Dr Port Orange, FL	3.0	2.0	1192	$1,895	$1.59	25d	1	0.74mi
4211 New Haven Ct Port Orange, FL	2.0	2.0	902	$2,000	$2.22	25d	1	0.88mi
488 Autumn Trl Port Orange, FL	3.0	2.0	1393	$1,499	$1.08	25d	1	1.02mi
1270 Reed Canal Rd Port Orange, FL	1.0–3.0	1.0–2.0	1001	$1,746	$1.74	13d	29	1.18mi
1154 Ashland Ct Port Orange, FL	3.0	2.0	1118	$1,795	$1.61	16d	1	1.21mi
4514 Alder Dr Port Orange, FL	3.0	2.0	1365	$2,100	$1.54	13d	1	1.26mi
3230 S Ridgewood Ave South Daytona, FL	1.0–3.0	1.0–2.0	1046	$1,881	$1.80	13d	27	1.26mi
1010 N Swallow Tail Dr Port Orange, FL	1.0–2.0	1.0–2.0	893	$1,574	$1.76	13d	16	1.28mi
958 Village Trl Port Orange, FL	1.0–2.0	1.0–2.0	775	$1,455	$1.88	13d	12	1.31mi
940 Village Trl Unit 4-306 Port Orange, FL	2.0	2.0	1006	$2,000	$1.99	16d	1	1.32mi
1200 Floral Springs Blvd Port Orange, FL	1.0–3.0	1.0–2.0	1047	$1,780	$1.70	13d	81	1.38mi
480 Reed Canal Rd #57 South Daytona, FL	2.0	1.5	1024	$1,550	$1.51	25d	1	1.38mi
3835 Clyde Morris Blvd Port Orange, FL	1.0–3.0	1.0–2.0	1013	$2,012	$1.99	13d	17	1.39mi
580 Reed Canal Rd South Daytona, FL	1.0	1.0	718	$1,272	$1.77	16d	2	1.40mi
3131 S Ridgewood Ave #203 South Daytona, FL	2.0	2.0	1013	$1,795	$1.77	16d	1	1.41mi
1401 Reed Canal Rd Port Orange, FL	1.0–3.0	1.0–2.0	1045	$1,856	$1.78	16d	25	1.42mi
302 Fox Pl Port Orange, FL	3.0	2.5	1392	$2,300	$1.65	16d	1	1.44mi

Listing history 32 events

1. 2026-06-22
   days on market $195,000 Active 94 DOM
2. 2026-06-18
   days on market $195,000 Active 91 DOM
3. 2026-06-17
   days on market $195,000 Active 90 DOM
4. 2026-06-16
   days on market $195,000 Active 89 DOM
5. 2026-06-15
   days on market $195,000 Active 88 DOM
6. 2026-06-14
   days on market $195,000 Active 86 DOM
7. 2026-06-10
   days on market $195,000 Active 83 DOM
8. 2026-06-09
   days on market $195,000 Active 82 DOM
9. 2026-06-08
   days on market $195,000 Active 81 DOM
10. 2026-06-07
    days on market $195,000 Active 80 DOM
11. 2026-06-05
    days on market $195,000 Active 77 DOM
12. 2026-06-03
    days on market $195,000 Active 76 DOM
13. 2026-06-03
    days on market $195,000 Active 75 DOM
14. 2026-06-01
    days on market $195,000 Active 74 DOM
15. 2026-05-31
    days on market $195,000 Active 73 DOM
16. 2026-05-31
    days on market $195,000 Active 72 DOM
17. 2026-05-12
    price $195,000 1237-char remark

    Show marketing remark (1237 chars)

    This two-story home gives you more space and light than you'd expect at this price point. An open-concept main level with new flooring and natural light pouring through four sliding glass doors makes the whole downstairs feel wide open. Two of those sliders open directly to a covered patio and fully fenced yard, your morning coffee spot that doubles as a weekend hangout. Upstairs, both bedrooms step out to a shared balcony, giving every room in this home a connection to the outdoors. The details check the practical boxes too. Indoor laundry, fresh interior paint throughout, extra storage, and zero HOA, meaning no permission slips to live your life. Then there's the location. Port Orange hits a sweet spot on the Florida coast that's hard to beat. Laid-back beach town energy without the tourist congestion you get further north or south. You're minutes from the Atlantic, close to shopping, dining, and medical facilities, but it still feels like a neighborhood, not a corridor. It's the kind of place where people move to and quietly wonder why they didn't do it sooner. Whether this is your primary residence, a coastal getaway, or your next investment property, it's worth a look. Schedule your private showing today.

18. 2026-03-19
    listed $198,000 Active 1237-char remark

    Show marketing remark (1237 chars)

    This two-story home gives you more space and light than you'd expect at this price point. An open-concept main level with new flooring and natural light pouring through four sliding glass doors makes the whole downstairs feel wide open. Two of those sliders open directly to a covered patio and fully fenced yard, your morning coffee spot that doubles as a weekend hangout. Upstairs, both bedrooms step out to a shared balcony, giving every room in this home a connection to the outdoors. The details check the practical boxes too. Indoor laundry, fresh interior paint throughout, extra storage, and zero HOA, meaning no permission slips to live your life. Then there's the location. Port Orange hits a sweet spot on the Florida coast that's hard to beat. Laid-back beach town energy without the tourist congestion you get further north or south. You're minutes from the Atlantic, close to shopping, dining, and medical facilities, but it still feels like a neighborhood, not a corridor. It's the kind of place where people move to and quietly wonder why they didn't do it sooner. Whether this is your primary residence, a coastal getaway, or your next investment property, it's worth a look. Schedule your private showing today.

19. 2024-04-08
    soldstatus $200,000
20. 2024-04-04
    soldstatus $200,000 Closed 959-char remark

    Show marketing remark (959 chars)

    Welcome Home to this quaint, 2 Bedroom, 1.5 Bath in the highly desirable area of Port Orange. Enjoy the privacy of a fenced-in yard, with a large patio. Perfect for those Saturday Night BBQ's. This home offers an updated, 2 story, open concept floor plan, providing plenty of space w/ extra storage. Natural light flourishes throughout this home, provided by the 4 sliding glass doors. 2 downstairs : 1 in the living room & 1 in the kitchen, both leading to the patio. And 2 upstairs : 1 in each bedroom, both leading to the balcony. This home is close to dining, shopping, entertainment, medical facilities, & more! Great opportunity for full-time living, investment property, snowbird, Etc. . NO HOA| LAUNDRY INSIDE| FRESHLY PAINTED| COVERED PATIO| MILES FROM BEACH | EXTRA STORAGE | PRIME LOCATION Roof was finalized 8/15/2017 Hot Water Heater 12/13/2017 All measurements are deemed to be accurate but not guaranteed. Buyer is advised to verify.

21. 2024-03-04
    historical Contingent 959-char remark

    Show marketing remark (959 chars)

    Welcome Home to this quaint, 2 Bedroom, 1.5 Bath in the highly desirable area of Port Orange. Enjoy the privacy of a fenced-in yard, with a large patio. Perfect for those Saturday Night BBQ's. This home offers an updated, 2 story, open concept floor plan, providing plenty of space w/ extra storage. Natural light flourishes throughout this home, provided by the 4 sliding glass doors. 2 downstairs : 1 in the living room & 1 in the kitchen, both leading to the patio. And 2 upstairs : 1 in each bedroom, both leading to the balcony. This home is close to dining, shopping, entertainment, medical facilities, & more! Great opportunity for full-time living, investment property, snowbird, Etc. . NO HOA| LAUNDRY INSIDE| FRESHLY PAINTED| COVERED PATIO| MILES FROM BEACH | EXTRA STORAGE | PRIME LOCATION Roof was finalized 8/15/2017 Hot Water Heater 12/13/2017 All measurements are deemed to be accurate but not guaranteed. Buyer is advised to verify.

22. 2024-02-23
    listed $207,900 Active 959-char remark

    Show marketing remark (959 chars)

    Welcome Home to this quaint, 2 Bedroom, 1.5 Bath in the highly desirable area of Port Orange. Enjoy the privacy of a fenced-in yard, with a large patio. Perfect for those Saturday Night BBQ's. This home offers an updated, 2 story, open concept floor plan, providing plenty of space w/ extra storage. Natural light flourishes throughout this home, provided by the 4 sliding glass doors. 2 downstairs : 1 in the living room & 1 in the kitchen, both leading to the patio. And 2 upstairs : 1 in each bedroom, both leading to the balcony. This home is close to dining, shopping, entertainment, medical facilities, & more! Great opportunity for full-time living, investment property, snowbird, Etc. . NO HOA| LAUNDRY INSIDE| FRESHLY PAINTED| COVERED PATIO| MILES FROM BEACH | EXTRA STORAGE | PRIME LOCATION Roof was finalized 8/15/2017 Hot Water Heater 12/13/2017 All measurements are deemed to be accurate but not guaranteed. Buyer is advised to verify.

23. 2016-12-22
    soldstatus $82,500
24. 2016-12-21
    soldstatus $82,500 Closed
25. 2016-12-05
    historical Contingent
26. 2016-11-22
    listed $79,900 Active
27. 2003-12-16
    soldstatus $63,000
28. 2003-12-12
    soldstatus $63,000
29. 2003-11-06
    listed $64,946
30. 1995-07-18
    soldstatus $128,000
31. 1987-03-01
    soldstatus $28,000
32. 1981-06-01
    soldstatus $304,000

ⓘ 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: $2,292 · $191/mo
• Projected year-2 tax: $2,292 · $191/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 55% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 6 d/yr ≥105°F today · 17 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

Taxation est. · year 1

• Rental income: $20,154
• − Mortgage interest: −$10,923
• − Property taxes: −$2,292
• − Insurance: −$975
• − Repairs & maintenance: −$1,612
• − Management: −$1,612
• − Depreciation: −$5,673
• Taxable loss: −$2,934
• Est. tax savings @ 24.0%: +$704
• After-tax cash flow: $1,087/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): 23,195
• Household income: $67,924
• Rent vs Own: 30.8% rent · 69.2% own
• Severe rent burden: 602.0

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 (80%)
• Race & ethnicity: White 80% Hispanic / Latino 7% Two or more races 6% Black 6% Asian 3%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3%
• Common ancestry: Lithuanian 4% Iranian 3% Romanian 3%
• Foreign-born: 9% · Canada, South Korea, China
• Languages at home: 87% English-only · Spanish 4% German/W. Germanic 3% Arabic 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: ▼ -234.13%
• Current HPI: 310.0285
• Rent YoY: ▼ -2.71%
• 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
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-35.9% since first listed

16 events — show timeline

• 2026-05-12 Price Changed $195,000 realMLS
• 2026-03-19 Listed $198,000 realMLS
• 2024-04-08 Sold (Public Records) $200,000 Public Records
• 2024-04-04 Sold (MLS) $200,000 Daytona MLS
• 2024-03-04 Contingent — Daytona MLS
• 2024-02-23 Listed $207,900 Daytona MLS
• 2016-12-22 Sold (Public Records) $82,500 Public Records
• 2016-12-21 Sold (MLS) $82,500 Daytona MLS
• 2016-12-05 Contingent — Daytona MLS
• 2016-11-22 Listed $79,900 Daytona MLS
• 2003-12-16 Sold (Public Records) $63,000 Public Records
• 2003-12-12 Sold (MLS) $63,000 Daytona MLS
• 2003-11-06 Listed $64,946 Daytona MLS
• 1995-07-18 Sold (Public Records) $128,000 Public Records
• 1987-03-01 Sold (Public Records) $28,000 Public Records
• 1981-06-01 Sold (Public Records) $304,000 Public Records

Property tax history

+9.2%/yr

Latest (2025): $2,292 · -1.8% YoY. Source: county tax records.