11 Oriole CirOrmond BeachFL32176
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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 11 Oriole Cir, Ormond Beach, FL, 32176 at $190,000 posts ROI 22.56% with $139/mo cash flow from $1,400/mo rent. Total monthly income equals $1,400/mo, and annual cash flow records $1,669/yr on $62,985 to close. Return on cash invested measures 22.56% and rental yield reads 8.84% at the current $190,000. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 by year five. Five-year ROI prints 117.72% and total cumulative return in cash totals $74,148.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,400/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1947
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32176, Ormond Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,445 (100%) |
| Owner Occupied HU | 6,130 (58.7%) |
| Renter Occupied HU | 1,418 (13.6%) |
| Vacant Housing Units | 2,897 (27.7%) |
| Median Home Value | $456,930 |
| Average Home Value | $555,979 |
Housing Distribution
Address Breakdown
Residential
8,809
Single Family
7,075
Multi-Family
1,734
Businesses
388
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Listed by: Matthew McLean • Shoreline Realty
Mls Name: DBAMLS
Mls ID: #1221376