32 Park PlOrmond 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
Rental property for sale in Ormond Beach at 32 Park Pl, Ormond Beach, FL, 32174 priced at $270,000 pairs $2,239/mo rent with $258/mo cash flow after a $1,322/mo payment. Total monthly income equals $2,239/mo, and annual cash flow comes to $3,098/yr on $89,505 invested. Return on cash invested is 23.37% in year one, and rental yield stands at 9.95% on a $270,000 basis. Equity gained on principal adds $1,742/yr, and 5% annual appreciation accumulates to $74,596 by year five. Five-year ROI measures 122.93% and total cumulative return in cash reaches $110,029. For financing, Ziffy Mortgage’s DSCR program evaluates $2,239/mo property income against a $1,322/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1983
3,049 sqft lot
$N/A/sqft
$149 monthly 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: Sherie Zebrowski • Keller Williams Realty Florida Partners
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1213118
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.