171 Parkhaven 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 171 Parkhaven Dr, Ormond Beach, FL, 32174 at $330,575 posts ROI 26.33% with $586/mo cash flow from $2,880/mo rent. Total monthly income equals $2,880/mo, and annual cash flow records $7,035/yr on $109,586 to close. Return on cash invested measures 26.33% and rental yield reads 10.45% at the current $330,575. Equity gained on principal adds $2,133/yr, and 5% annual appreciation supports $91,332 by year five. Five-year ROI prints 138.28% and total cumulative return in cash totals $151,535.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,880/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A lot
$N/A/sqft
$1,200 annually 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: Tatiana Souza • Meritage Homes of Florida Realty LLC
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1217992
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.