60 Tomoka Meadows BlvdOrmond 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 60 Tomoka Meadows Blvd, Ormond Beach, FL, 32174 at $174,900 posts ROI 21.2% with $63/mo cash flow from $1,436/mo rent. Total monthly income equals $1,436/mo, and annual cash flow records $751/yr on $57,979 to close. Return on cash invested measures 21.2% and rental yield reads 9.85% at the current $174,900. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 by year five. Five-year ROI prints 111.99% and total cumulative return in cash totals $64,932.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,436/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1980
1,306 sqft lot
$N/A/sqft
$165 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: Damen Stickford PA • Watson Realty Corp
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1207535
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.