ROBIE Plan, Halifax PlantationOrmond 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 ROBIE Plan, Halifax Plantation, Ormond Beach, FL, 32174 offers $3,440/mo rent that, after a $1,899/mo payment, leaves $865/mo cash flow. Total monthly income is $3,440/mo, and annual cash flow is $10,383/yr on $128,619 cash. Return on cash invested measures 27.98% in year one, and rental yield stands at 10.64% at a $387,990 entry. Equity gained on principal adds $2,504/yr while 5% annual appreciation compounds into $107,194 by year five. Five-year ROI records 146.73% and total cumulative return in cash reaches $188,725. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,440/mo property income versus a $1,899/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
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: Halifax Plantation Model Center • D.R. Horton - Orlando North
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A