1375 Morning Walk DrOrmond 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 1375 Morning Walk Dr, Ormond Beach, FL, 32174 uses $136,672 cash to close to unlock $3,527/yr annual cash flow and $294/mo monthly cash flow. Total monthly income runs $3,030/mo, and a $2,018/mo payment keeps the spread at $294/mo. Purchase price stands at $412,285, and rental yield measures 8.82% with $3,030/mo rent. Return on cash invested shows 22.49% in year one, and 5% annual appreciation builds toward $113,907 over five years. Five-year ROI reaches 117.26% and total cumulative return in cash records $160,257. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,030/mo property income covering a $2,018/mo payment rather than investor’s personal income.
Single Family
Built in N/A
8,276 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: Stephen Cline • D R Horton Realty of Central Florida
Mls Name: DBAMLS
Mls ID: #1220669