710 Dolphin Head LnOrmond 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
Rental property for sale in Ormond Beach at 710 Dolphin Head Ln, Ormond Beach, FL, 32174 priced at $599,000 pairs $6,989/mo rent with $2,553/mo cash flow after a $2,932/mo payment. Total monthly income equals $6,989/mo, and annual cash flow comes to $30,640/yr on $197,071 invested. Return on cash invested is 35.61% in year one, and rental yield stands at 14% on a $599,000 basis. Equity gained on principal adds $3,865/yr, and 5% annual appreciation accumulates to $165,493 by year five. Five-year ROI measures 188.62% and total cumulative return in cash reaches $371,710. For financing, Ziffy Mortgage’s DSCR program evaluates $6,989/mo property income against a $2,932/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
0.52 Acres lot
$N/A/sqft
$297 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: Mark Polakovich • Deuces Realty
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1120020
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.