7 River DrOrmond BeachFL32176
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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 7 River Dr, Ormond Beach, FL, 32176 earns from $2,392/mo rent with a $1,887/mo payment. Total monthly income totals $2,392/mo. ROI tracks 16.72% on current figures, and rental yield reads 7.45% at a $385,500 purchase. Equity gained on principal adds $2,488/yr, and 5% annual appreciation supports $106,507 over five years. Five-year ROI reaches 86.93% and total cumulative return in cash sums $111,095. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,392/mo property income instead of your personal income.
Single Family
Built in 1952
6,441 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32176, Ormond Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,445 (100%) |
| Owner Occupied HU | 6,130 (58.7%) |
| Renter Occupied HU | 1,418 (13.6%) |
| Vacant Housing Units | 2,897 (27.7%) |
| Median Home Value | $456,930 |
| Average Home Value | $555,979 |
Housing Distribution
Address Breakdown
Residential
8,809
Single Family
7,075
Multi-Family
1,734
Businesses
388
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Listed by: Darlene Miller • CHARLES RUTENBERG REALTY ORLANDO
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #G5071749
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511