195 S Halifax DriveOrmond BeachFL32176
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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 195 S Halifax Drive, Ormond Beach, FL, 32176 uses $82,875 cash to close to unlock $26,383/yr annual cash flow and $2,199/mo monthly cash flow. Total monthly income runs $3,972/mo, and a $1,224/mo payment keeps the spread at $2,199/mo. Purchase price stands at $250,000, and rental yield measures 19.07% with $3,972/mo rent. Return on cash invested shows 51.74% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 274.76% and total cumulative return in cash records $227,710. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,972/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32176, Ormond Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,445 (100%) |
| Owner Occupied HU | 6,130 (58.7%) |
| Renter Occupied HU | 1,418 (13.6%) |
| Vacant Housing Units | 2,897 (27.7%) |
| Median Home Value | $456,930 |
| Average Home Value | $555,979 |
Housing Distribution
Address Breakdown
Residential
8,809
Single Family
7,075
Multi-Family
1,734
Businesses
388
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Listed by: Emmy Louvaris • Aqua Realty Services
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10536296
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.