1062 HAMPSTEAD LaneOrmond BeachFL32174
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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
Total monthly income runs $5,551/mo, and a $4,846/mo payment. Purchase price stands at $990,000, and rental yield measures 6.73% with $5,551/mo rent. Return on cash invested shows 15.66% in year one, and 5% annual appreciation builds toward $273,519 over five years. Five-year ROI reaches 80.82% and total cumulative return in cash records $263,252. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,551/mo property income covering a $4,846/mo payment rather than investor’s personal income.
Single Family
Built in 2001
0.55 Acres lot
$N/A/sqft
$270 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
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Listed by: KEITH E BAILEY • A BONUS REALTY, INC.
Mls Name: realMLS
Mls Provider:
Mls ID: #2045110
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. Data is deemed reliable but is not guaranteed accurate by realMLS.