181 Blue Heron Lake CirOrmond 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 181 Blue Heron Lake Cir, Ormond Beach, FL, 32174 earns $142/mo cash flow from $1,231/mo rent with a $803/mo payment. Total monthly income totals $1,231/mo, and annual cash flow totals $1,708/yr on $54,366 capital. ROI tracks 23.05% on current figures, and rental yield reads 9.01% at a $164,000 purchase. Equity gained on principal adds $1,058/yr, and 5% annual appreciation supports $45,310 over five years. Five-year ROI reaches 120.36% and total cumulative return in cash sums $65,433. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,231/mo property income instead of your personal income.
Manufactured
Built in 2001
N/A 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: Lori Clark • Heritage Realty Associates
Mls Name: My State MLS
Mls ID: #11501208