Summer Palm Plan, Plantation Oaks of Ormond BeachOrmond 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 Summer Palm Plan, Plantation Oaks of Ormond Beach, Ormond Beach, FL, 32174 generates $2,737/mo in rent and, after a $1,493/mo payment, leaves $713/mo in cash flow. Total monthly income is $2,737/mo, and annual cash flow is $8,553/yr on $101,108 invested. Return on cash invested sits at 28.37% in year one, and rental yield is 10.77% on a $305,000 entry. Equity gained on principal adds $1,968/yr, while 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 148.81% and total cumulative return in cash sums $150,454. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,737/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
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: N/A • Plantation Oaks of Ormond Beach
Mls Name: Plantation Oaks of Ormond Beach
Mls ID: #N/A