36 Black Pine WayOrmond 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 36 Black Pine Way, Ormond Beach, FL, 32174 listed at $447,500 pairs $3,161/mo rent with a $2,190/mo payment to leave $48/mo cash flow. Total monthly income runs $3,161/mo, and annual cash flow reaches $579/yr on $148,346 cash to close. Return on cash invested measures 20.3% in year one, and rental yield registers 8.48% at a $447,500 basis. Equity gained on principal adds $2,888/yr, and annual property appreciation at 5% supports $123,636 by year five. Five-year ROI tracks 105.96% and total cumulative return in cash totals $157,189. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,161/mo property income relative to a $2,190/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
10,018 sqft lot
$N/A/sqft
$430 quarterly 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: Toni Wright • Adams, Cameron & Co., Realtors
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1208375
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.