1275 OCEAN SHORE Boulevard UNIT 308Ormond BeachFL32176
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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
Investment property for sale in Ormond Beach at 1275 OCEAN SHORE Boulevard UNIT 308, Ormond Beach, FL, 32176 earns from $2,610/mo rent with a $1,859/mo payment. Total monthly income totals $2,610/mo. ROI tracks 12.9% on current figures, and rental yield reads 8.24% at a $379,900 purchase. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,959 over five years. Five-year ROI reaches 68.71% and total cumulative return in cash sums $86,525. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,610/mo property income instead of your personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
$825 monthly 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: ANITA MILLAR • ROYAL HIGHLANDER REAL ESTATE CONSULTANTS, LLC.
Mls Name: realMLS
Mls Provider:
Mls ID: #2057395
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.