903 Creekwood DrOrmond BeachFL32110
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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 903 Creekwood Dr, Ormond Beach, FL, 32110 with 5% annual appreciation on a $735,000 basis while $3,564/mo rent supports operations. 88% in year one. Equity gained on principal adds $4,743/yr, and five-year appreciation sums $203,067 alongside rental yield of 5.82%. Five-year ROI measures 65.96% and total cumulative return in cash totals $159,504. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,564/mo property income versus a $3,597/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2018
8,712 sqft lot
$N/A/sqft
$257 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32110, Bunnell, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,032 (100%) |
| Owner Occupied HU | 3,590 (71.3%) |
| Renter Occupied HU | 944 (18.8%) |
| Vacant Housing Units | 498 ( 9.9%) |
| Median Home Value | $336,904 |
| Average Home Value | $352,442 |
Housing Distribution
Address Breakdown
Residential
4,386
Single Family
4,385
Multi-Family
1
Businesses
799
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Listed by: Elizabeth Kargar • Venture Development Realty, Inc
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1205722
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.