787 Ocean Shore BlvdOrmond 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 787 Ocean Shore Blvd, Ormond Beach, FL, 32176 earns from $3,757/mo rent with a $9,544/mo payment. Total monthly income totals $3,757/mo. ROI tracks 2.88% on current figures, and rental yield reads 2.31% at a $1,950,000 purchase. Equity gained on principal adds $12,583/yr, and 5% annual appreciation supports $538,749 over five years. Five-year ROI reaches 12.02% and total cumulative return in cash sums $75,953. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,757/mo property income instead of your personal income.
Single Family
Built in 1953
0.45 Acres 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: Jennifer Kulzer • Realty Pros Assured
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1211984
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.