5411 Landis Ave · Port Orange, FL 32127

$130,000

2 bd · 2.0 ba · 1,440 sqft · Manufactured public records · 57 Days on market

Built 1979 653 sqft lot

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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 +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +9.8/10.0
• 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

Listing remarks MLS

*****OWN THE LAND******NO LOT RENT*****NO HOA**********Port Orange is a highly sought-after, family-friendly coastal city in Volusia County. This spacious 3-bedroom, 3-bath home is just a short 8-minute drive from the beach and half a mile from the river. The property offers ample room for living. The location makes this property perfect for anyone who loves outdoor activities—fishing, boating, or simply enjoying the Florida sun. The Property does need work so bring your Handyman.

Key facts

• Boating
• Fishing
• Outdoor activities

Tags

• SHORT DRIVE FROM THE BEACH
• HALF A MILE FROM THE RIVER
• AMPLE ROOM FOR LIVING
• OUTDOOR ACTIVITIES
• FISHING
• BOATING

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $130k.

Deal economics

• At list price, monthly cash flow is $668 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Recommended offer: $126k (3.0% 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; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 3,402 units permitted in Volusia County in 2024 (681 in 5+ unit buildings).
• This rent runs 32% of the median local income ($72k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $899 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 $36k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 57 days — a 3% lower offer ($126k) is reasonable based on typical stale-listing flexibility.
• 2 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.
• Current owner paid $70k; list at $130k implies a 86% 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→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $126,100 (3.0% below list)

Questions for the listing agent

1. It's been on market 57 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1979 — 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 1.48% ✓
• Cap rate: 13.08%
• Cash-on-cash: 24.23%
• DSCR: 2.08
• GRM: 5.6

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: 13.5%
• Equity multiple: 1.53×
• Total profit: $19,270
• Equity at exit: $19,383

10-year hold

• IRR: 21.4%
• Equity multiple: 2.72×
• Total profit: $62,630
• Equity at exit: $11,240

Cash invested: $36,400 (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 32127

• Rents YoY: 1.8%
• Active inventory: 418
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $1,923 high
• Mortgage (P&I): −$682
• Tax from tax record: −$49 /mo · $584/yr
• Insurance: −$54
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$404
• Net cashflow: $668

Break-even live

Break-even rent $1,077

Max offer price $130,000

Occupancy floor 60%

Sensitivity live

Price	-10% $742	-5% $705	+0% $668	+5% $632	+10% $595
Rent	-10% $517	-5% $592	+0% $668	+5% $744	+10% $820
Rate	-1.0pp $734	-0.5pp $702	base $668	+0.5pp $635	+1.0pp $600

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: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
175 Conrad St Port Orange, FL	3.0	2.0	1260	$1,950	$1.55	24d	1	0.29mi
5397 S Nova Rd Unit 1 Port Orange, FL	3.0	2.0	1398	$2,350	$1.68	24d	1	0.43mi
5173 Pineland Ave Port Orange, FL	2.0	1.5	914	$1,750	$1.91	24d	1	0.62mi
524 Taylor Rd Port Orange, FL	2.0	1.0	922	$1,500	$1.63	24d	1	1.24mi
4514 Alder Dr Port Orange, FL	3.0	2.0	1365	$2,100	$1.54	12d	1	1.26mi
3307 Oak Trail Run #7 Port Orange, FL	2.0	2.0	910	$1,650	$1.81	24d	1	1.35mi
3960 Oak Trail Run Port Orange, FL	2.0	2.5	1258	$1,898	$1.51	20d	2	1.35mi
302 Fox Pl Port Orange, FL	3.0	2.5	1392	$2,300	$1.65	15d	1	1.37mi
112 Fox Pl Port Orange, FL	2.0	1.0	1814	$1,900	$1.05	24d	1	1.38mi
3960 Oak Trail Run #2101 Port Orange, FL	2.0	2.5	1263	$1,900	$1.50	24d	1	1.42mi

Listing history 21 events

1. 2026-06-18
   days on market $130,000 Active 57 DOM
2. 2026-06-17
   days on market $130,000 Active 56 DOM
3. 2026-06-16
   days on market $130,000 Active 55 DOM
4. 2026-06-15
   days on market $130,000 Active 54 DOM
5. 2026-06-14
   days on market $130,000 Active 52 DOM
6. 2026-06-10
   days on market $130,000 Active 49 DOM
7. 2026-06-09
   days on market $130,000 Active 48 DOM
8. 2026-06-08
   days on market $130,000 Active 47 DOM
9. 2026-06-07
   days on market $130,000 Active 46 DOM
10. 2026-06-05
    days on market $130,000 Active 43 DOM
11. 2026-06-03
    days on market $130,000 Active 42 DOM
12. 2026-06-03
    days on market $130,000 Active 41 DOM
13. 2026-06-01
    days on market $130,000 Active 40 DOM
14. 2026-05-31
    days on market $130,000 Active 39 DOM
15. 2026-05-31
    days on market $130,000 Active 38 DOM
16. 2026-05-08
    price $130,000 492-char remark

    Show marketing remark (492 chars)

    *****OWN THE LAND******NO LOT RENT*****NO HOA**********Port Orange is a highly sought-after, family-friendly coastal city in Volusia County. This spacious 3-bedroom, 3-bath home is just a short 8-minute drive from the beach and half a mile from the river. The property offers ample room for living. The location makes this property perfect for anyone who loves outdoor activities—fishing, boating, or simply enjoying the Florida sun. The Property does need work so bring your Handyman.

17. 2026-05-07
    price $90,000 492-char remark

    Show marketing remark (492 chars)

    *****OWN THE LAND******NO LOT RENT*****NO HOA**********Port Orange is a highly sought-after, family-friendly coastal city in Volusia County. This spacious 3-bedroom, 3-bath home is just a short 8-minute drive from the beach and half a mile from the river. The property offers ample room for living. The location makes this property perfect for anyone who loves outdoor activities—fishing, boating, or simply enjoying the Florida sun. The Property does need work so bring your Handyman.

18. 2026-04-22
    listed $130,000 Active 492-char remark

    Show marketing remark (492 chars)

    *****OWN THE LAND******NO LOT RENT*****NO HOA**********Port Orange is a highly sought-after, family-friendly coastal city in Volusia County. This spacious 3-bedroom, 3-bath home is just a short 8-minute drive from the beach and half a mile from the river. The property offers ample room for living. The location makes this property perfect for anyone who loves outdoor activities—fishing, boating, or simply enjoying the Florida sun. The Property does need work so bring your Handyman.

19. 2004-04-20
    soldstatus $70,000
20. 2004-03-26
    soldstatus $70,000 140-char remark

    Show marketing remark (140 chars)

    Large Mobile with fully fenced yard. Screened Porch and carport. Rear access drive. Lots of parking. Great family home in neat neighborhood.

21. 2003-12-09
    listed $74,000 140-char remark

    Show marketing remark (140 chars)

    Large Mobile with fully fenced yard. Screened Porch and carport. Rear access drive. Lots of parking. Great family home in neat neighborhood.

ⓘ 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: $584 · $49/mo
• Projected year-2 tax: $1,079 · $90/mo
• Expected delta: +$495/yr (+$41/mo · 84.8%)

ⓘ 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) · 76% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥105°F today · 21 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: $23,080
• − Mortgage interest: −$7,282
• − Property taxes: −$584
• − Insurance: −$1,448
• − Repairs & maintenance: −$1,846
• − Management: −$1,846
• − Depreciation: −$3,782
• Taxable income: $6,292
• Est. tax owed @ 24.0%: −$1,510
• After-tax cash flow: $6,511/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
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+75.7% since first listed

6 events — show timeline

• 2026-05-08 Price Changed $130,000 PARMLS
• 2026-05-07 Price Changed $90,000 PARMLS
• 2026-04-22 Listed $130,000 PARMLS
• 2004-04-20 Sold (Public Records) $70,000 Public Records
• 2004-03-26 Sold (MLS) $70,000 Daytona MLS
• 2003-12-09 Listed $74,000 Daytona MLS

Property tax history

+3.3%/yr

Latest (2025): $584 · +6.8% YoY. Source: county tax records.