42 GALE LaneOrmond 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 42 GALE Lane, Ormond Beach, FL, 32174 earns from $3,030/mo rent with a $3,279/mo payment. Total monthly income totals $3,030/mo. ROI tracks 11.85% on current figures, and rental yield reads 5.43% at a $669,990 purchase. Equity gained on principal adds $4,323/yr, and 5% annual appreciation supports $185,106 over five years. Five-year ROI reaches 60.39% and total cumulative return in cash sums $133,106. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,030/mo property income instead of your personal income.
Single Family
Built in 2000
0.43 Acres lot
$N/A/sqft
$275 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: GREGORY DARRELL COX • MARK SPAIN REAL ESTATE
Mls Name: realMLS
Mls Provider:
Mls ID: #2051857
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. Data is deemed reliable but is not guaranteed accurate by realMLS.