61 Cypress Grove LnOrmond 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 61 Cypress Grove Ln, Ormond Beach, FL, 32174 at $107,500 posts ROI 24.78% with $145/mo cash flow from $858/mo rent. Total monthly income equals $858/mo, and annual cash flow records $1,737/yr on $35,636 to close. Return on cash invested measures 24.78% and rental yield reads 9.58% at the current $107,500. Equity gained on principal adds $694/yr, and 5% annual appreciation supports $29,700 by year five. Five-year ROI prints 129.59% and total cumulative return in cash totals $46,183.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $858/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2000
N/A lot
$N/A/sqft
No 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: Wes Strider • Aberdeen At Ormond Beach
Mls Name: My State MLS
Mls ID: #11503560