10 Deerskin LnOrmond BeachFL32174
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
Investment property for sale in Ormond Beach at 10 Deerskin Ln, Ormond Beach, FL, 32174 offers a 12.21% rental yield on a $449,000 purchase with $4,570/mo rent. Total monthly income registers $4,570/mo, and a $2,198/mo payment leaves $1,505/mo available for distribution. Annual cash flow reaches $18,060/yr on $148,844 to close, and return on cash invested stands at 32.04% in year one. Equity gained on principal adds $2,897/yr while 5% annual appreciation supports $124,050 over five years. Portfolio math shows five-year ROI at 168.73% and total cumulative return in cash at $251,140. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,570/mo property income against a $2,198/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.26 Acres lot
$N/A/sqft
$255 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32174, Ormond Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,328 (100%) |
| Owner Occupied HU | 21,185 (74.8%) |
| Renter Occupied HU | 4,906 (17.3%) |
| Vacant Housing Units | 2,237 ( 7.9%) |
| Median Home Value | $398,244 |
| Average Home Value | $445,343 |
Housing Distribution
Address Breakdown
Residential
26,922
Single Family
23,072
Multi-Family
3,850
Businesses
1,985
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mike Pepin • Pepin Realty Inc
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1121131
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.