1302 Village LnOrmond 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
Investment property for sale in Ormond Beach at 1302 Village Ln, Ormond Beach, FL, 32174 uses $61,294 cash to close to unlock $6,288/yr annual cash flow and $524/mo monthly cash flow. Total monthly income runs $1,751/mo, and a $905/mo payment keeps the spread at $524/mo. Purchase price stands at $184,900, and rental yield measures 11.36% with $1,751/mo rent. Return on cash invested shows 30.17% in year one, and 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 158.41% and total cumulative return in cash records $97,099. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,751/mo property income covering a $905/mo payment rather than investor’s personal income.
Manufactured
Built in 1987
5,662 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
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Listed by: Bill Navarra • Realty Pros Assured
Mls Name: DBAMLS
Mls ID: #1216780