1284 Vanderbilt DrOrmond 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 1284 Vanderbilt Dr, Ormond Beach, FL, 32174 with 5% annual appreciation on a $272,500 basis while $2,880/mo rent supports operations. Total monthly income totals $2,880/mo and a $1,334/mo payment preserves $1,071/mo for cash returns. Annual cash flow comes to $12,857/yr on $90,334 deployed, and return on cash invested reaches 34.14% in year one. Equity gained on principal adds $1,758/yr, and five-year appreciation sums $75,287 alongside rental yield of 12.68%. Five-year ROI measures 179.78% and total cumulative return in cash totals $162,402.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,880/mo property income versus a $1,334/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1963
7,840 sqft lot
$N/A/sqft
No 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: Karen Danzig LLC • Coldwell Banker Premier Properties
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1213684
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.