8 Cypress Grove 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
Investment property for sale in Ormond Beach at 8 Cypress Grove Ln, Ormond Beach, FL, 32174 earns $147/mo cash flow from $940/mo rent with a $585/mo payment. Total monthly income totals $940/mo, and annual cash flow totals $1,762/yr on $39,614 capital. ROI tracks 24.36% on current figures, and rental yield reads 9.44% at a $119,500 purchase. Equity gained on principal adds $771/yr, and 5% annual appreciation supports $33,016 over five years. Five-year ROI reaches 127.3% and total cumulative return in cash sums $50,430. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $940/mo property income instead of your personal income.
Manufactured
Built in 1999
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: Kathy Dempsey • Four Star Homes, Inc.
Mls Name: My State MLS
Mls ID: #11382373