123 N Orange Ave · DeLand, FL 32720

$175,000

3 bd · 1.0 ba · 1,653 sqft · SingleFamily public records · 5 Days on market

Built 1954 0.28 ac lot

---

Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +20.8/30.0
• ARV discount +7.5/15.0
• DSCR +6.6/10.0
• 1% rule +6.2/10.0
• Schools +3.9/10.0
• Livability +3.4/5.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Location,location,location! Just a few blocks from Downtown DeLand, you will find this well maintained 3 bedroom, 1 bathroom home on a spacious 0.28 acre lot. There is a bonus room with its own entrance that can be utilized as a 4th bedroom or flex space of your choice. The front porch, screened back porch and backyard patio area provide ample space for outside entertainment and enjoyment. The roof was replaced in 2021 and the electrical and plumbing have been updated. With everything this home and area have to offer, it's a great option for anyone in the market to buy for personal enjoyment or those seeking a good rental property opportunity- schedule your showing today!

Key facts

• Screened patio
• Split floor plan
• 0.28 acre lot

Tags

• SPLIT FLOOR PLAN
• OVERSIZED FAMILY ROOM
• SCREENED PATIO

Property features AI

Exterior

• Parking: Off-street parking
• Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected
• Home design: Single-family residence; One story (single family residence)
• Construction: Pillar/post/pier foundation
• Exterior features: Lot approximately 0.28 acres; Lot dimensions about 75 ft x 163 ft; Residential zoning

Interior

• Kitchen: Electric range
• Bedrooms: 2 total rooms
• Bathrooms: 1 full bathroom
• Heating & cooling: Central air conditioning; Electric heating
• Interior features: Electric range

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $241 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $175k).

Location & tenants

• Location reads 68/100 on livability (#498 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A, crime B; Watch: schools D+, amenities F, commute F.
• Volusia (suburban): math 44% / reading 49% proficiency, ranked #47 of 73 in FL (top 64%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+3.4%/yr); 438 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 3,402 units permitted in Volusia County in 2024 (681 in 5+ unit buildings).
• This rent runs 34% of the median local income ($69k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Volusia County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 19 sale attempts since 22y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1954 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $175,000

Questions for the listing agent

1. Built in 1954 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.12% ✓
• Cap rate: 7.94%
• Cash-on-cash: 5.90%
• DSCR: 1.26
• GRM: 7.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.36% rent growth · sell at horizon

5-year hold

• IRR: -6.7%
• Equity multiple: 0.75×
• Total profit: $-12,213
• Equity at exit: $26,093

10-year hold

• IRR: 3.4%
• Equity multiple: 1.25×
• Total profit: $12,430
• Equity at exit: $15,131

Cash invested: $49,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32720

• Rents YoY: 3.4%
• Active inventory: 438
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,960 high
• Mortgage (P&I): −$918
• Tax from tax record: −$317 /mo · $3,799/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$412
• Net cashflow: $241

Break-even live

Break-even rent $1,655

Max offer price $175,000

Occupancy floor 83%

Sensitivity live

Price	-10% $340	-5% $290	+0% $241	+5% $191	+10% $142
Rent	-10% $86	-5% $163	+0% $241	+5% $318	+10% $396
Rate	-1.0pp $329	-0.5pp $285	base $241	+0.5pp $196	+1.0pp $149

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
416 W Howry Ave Deland, FL	3.0	2.0	1857	$1,800	$0.97	24d	1	0.29mi
1014 W Rich Ave Deland, FL	3.0	1.0	1200	$1,721	$1.43	15d	1	0.48mi
641 N Orange Ave Unit 643 DeLand, FL	2.0	1.0	1100	$1,650	$1.50	24d	1	0.66mi
116 Hurts CT DeLand, FL	3.0	2.0	1318	$2,100	$1.59	24d	1	0.66mi
611 S Boundary Ave DeLand, FL	3.0	2.0	1423	$1,200	$0.84	12d	1	0.77mi
737 S Stone St Deland, FL	3.0	1.5	1050	$1,695	$1.61	24d	1	0.87mi
2003 Buckhanon Trl Deland, FL	3.0–4.0	2.0–2.5	1761	$2,118	$1.20	6d	9	0.98mi
1073 Cades Cove Way Deland, FL	3.0	2.0	1200	$1,999	$1.67	15d	1	1.06mi
400 E Howry Ave Deland, FL	1.0–2.0	1.0–2.0	956	$1,995	$2.09	12d	25	1.08mi
2060 Buckhanon Trl Deland, FL	4.0	2.0	1903	$2,395	$1.26	15d	1	1.13mi
118 E Volusia Ave Deland, FL	3.0	2.5	1684	$2,500	$1.48	24d	1	1.19mi
229 W Fiesta Key Loop Deland, FL	3.0	2.0	1614	$2,159	$1.34	24d	1	1.26mi
12 S University Cir Deland, FL	2.0	2.0	1105	$1,775	$1.61	24d	1	1.31mi
555 E Voorhis Ave Unit 1 DeLand, FL	3.0	2.0	1750	$1,195	$0.68	24d	1	1.35mi
202 W Fiesta Key Loop Deland, FL	4.0	2.0	1962	$2,299	$1.17	4d	1	1.35mi
300 Ballard Ave Deland, FL	3.0	3.0	1185	$1,825	$1.54	22d	1	1.36mi
610 N Kentucky Ave Deland, FL	3.0	2.0	1161	$1,800	$1.55	24d	1	1.37mi
302 Ballard Ave DeLand, FL	3.0	3.0	1185	$1,825	$1.54	22d	1	1.37mi

Listing history 50 events

1. 2026-05-15
   status Pending
2. 2026-05-10
   listed $175,000 Active
3. 2025-10-07
   historical
4. 2025-07-07
   listed $276,000 Active
5. 2025-07-05
   historical 680-char remark

   Show marketing remark (680 chars)

   Location,location,location! Just a few blocks from Downtown DeLand, you will find this well maintained 3 bedroom, 1 bathroom home on a spacious 0.28 acre lot. There is a bonus room with its own entrance that can be utilized as a 4th bedroom or flex space of your choice. The front porch, screened back porch and backyard patio area provide ample space for outside entertainment and enjoyment. The roof was replaced in 2021 and the electrical and plumbing have been updated. With everything this home and area have to offer, it's a great option for anyone in the market to buy for personal enjoyment or those seeking a good rental property opportunity- schedule your showing today!

6. 2025-05-05
   price $276,000 680-char remark

   Show marketing remark (680 chars)

   Location,location,location! Just a few blocks from Downtown DeLand, you will find this well maintained 3 bedroom, 1 bathroom home on a spacious 0.28 acre lot. There is a bonus room with its own entrance that can be utilized as a 4th bedroom or flex space of your choice. The front porch, screened back porch and backyard patio area provide ample space for outside entertainment and enjoyment. The roof was replaced in 2021 and the electrical and plumbing have been updated. With everything this home and area have to offer, it's a great option for anyone in the market to buy for personal enjoyment or those seeking a good rental property opportunity- schedule your showing today!

7. 2025-04-05
   listed $279,000 Active 680-char remark

   Show marketing remark (680 chars)

   Location,location,location! Just a few blocks from Downtown DeLand, you will find this well maintained 3 bedroom, 1 bathroom home on a spacious 0.28 acre lot. There is a bonus room with its own entrance that can be utilized as a 4th bedroom or flex space of your choice. The front porch, screened back porch and backyard patio area provide ample space for outside entertainment and enjoyment. The roof was replaced in 2021 and the electrical and plumbing have been updated. With everything this home and area have to offer, it's a great option for anyone in the market to buy for personal enjoyment or those seeking a good rental property opportunity- schedule your showing today!

8. 2025-01-01
   historical
9. 2024-11-15
   listed $270,000 Active
10. 2024-11-08
    historical
11. 2024-11-07
    historical
12. 2024-10-29
    price $270,000
13. 2024-10-29
    price $270,000
14. 2024-09-20
    price $275,000
15. 2024-09-20
    price $275,000
16. 2024-08-26
    price $280,000
17. 2024-08-23
    price $280,000
18. 2024-06-26
    price $285,000
19. 2024-06-26
    price $285,000
20. 2024-06-19
    price $290,000
21. 2024-06-19
    price $290,000
22. 2024-06-18
    price $285,000
23. 2024-06-18
    price $285,000
24. 2024-06-10
    price $290,000
25. 2024-06-03
    listed $295,000 Active
26. 2024-06-01
    listed $295,000 Active
27. 2023-04-18
    soldstatus $250,000
28. 2023-04-14
    soldstatus $250,000 Closed
29. 2023-04-12
    status Pending
30. 2023-03-04
    historical Active Contingent
31. 2023-02-27
    status Active
32. 2023-02-20
    historical Active Contingent
33. 2023-02-13
    price $249,900
34. 2023-02-13
    price $249,900
35. 2023-01-16
    price $260,000
36. 2023-01-16
    price $260,000
37. 2022-12-15
    listed $280,000 Active
38. 2022-12-15
    listed $280,000 Active
39. 2021-04-30
    historical
40. 2021-04-30
    historical
41. 2017-01-09
    soldstatus $114,000
42. 2017-01-06
    soldstatus $114,000 Sold
43. 2017-01-06
    soldstatus $114,000 Closed
44. 2016-11-23
    status Pending
45. 2016-11-23
    status Pending
46. 2016-11-18
    price $119,900
47. 2016-11-18
    price $119,900
48. 2016-09-28
    listed $129,900 Active
49. 2016-09-27
    listed $129,900 Active
50. 2010-06-03
    listed $124,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $3,799 · $317/mo
• Projected year-2 tax: $3,799 · $317/mo
• Expected delta: $0/yr ($0/mo · -0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 20 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,515
• − Mortgage interest: −$9,803
• − Property taxes: −$3,799
• − Insurance: −$875
• − Repairs & maintenance: −$1,881
• − Management: −$1,881
• − Depreciation: −$5,091
• Taxable income: $185
• Est. tax owed @ 24.0%: −$45
• After-tax cash flow: $2,846/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Volusia
• NCES district ID: 1201920
• Math proficiency: 44% ▼ -9.00%
• Reading proficiency: 49% ▼ -3.00%
• Median HH income: $42,946
• Composite: 39.2/100
• National rank: #4019
• State rank: #47 of 73 in FL

Livability — DeLand

• Score: 68/100
• State rank: #498
• US rank: #9197

Category grades

Amenities F Commute F Cost of living A Crime B Employment C Housing A+ Health & safety D- User ratings A-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: DeLand, FL
• County: Volusia County · 556,871 people
• City population: 81,399
• Metro: Deltona-Daytona Beach-Ormond Beach, FL
• Population (ZIP): 36,259
• Household income: $68,830
• Rent vs Own: 30.5% rent · 69.5% own
• Severe rent burden: 1145.0

Population outlook (Volusia County) Hauer SSP2

• Today (2025): 572,749 people
• By 2030: 598,695 · +4.5%
• By 2040: 644,880 · +12.6%
• By 2050: 681,451 · +19.0%
• By 2075: 759,957 · +32.7%
• By 2100: 778,902 · +36.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (64%)
• Race & ethnicity: White 64% Hispanic / Latino 21% Black 11% Two or more races 9%
• Hispanic origin (detail): Mexican 6% Puerto Rican 9% Cuban 3%
• Common ancestry: Lithuanian 1% Slovak 1% Serbian 1%
• Foreign-born: 7% · Canada, Jamaica, Vietnam
• Languages at home: 85% English-only · Spanish 13%

Political lean MEDSL · Volusia

• 2024 margin: Strong R (+21.8) · D 38.7% · R 60.5%
• 2008→2024 swing: -27.4pp toward R · 2008: 5.7pp · 2024: -21.8pp
• All cycles: 2024: R+21.8 2020: R+14.1 2016: R+13.1 2012: R+1.2 2008: D+5.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -194.54%
• Current HPI: 330.7324
• Rent YoY: ▲ 3.36%
• Metro: Deltona-Daytona Beach-Ormond Beach, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+1358.3% since first listed

68 events — show timeline

• 2026-05-15 Pending — Daytona MLS
• 2026-05-10 Listed $175,000 Daytona MLS
• 2025-10-07 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-07-07 Listed $276,000 Stellar MLS as Distributed by MLS Grid
• 2025-07-05 Listing Removed — realMLS
• 2025-05-05 Price Changed $276,000 realMLS
• 2025-04-05 Listed $279,000 realMLS
• 2025-01-01 Listing Removed — Daytona MLS
• 2024-11-15 Listed $270,000 Daytona MLS
• 2024-11-08 Listing Removed — Daytona MLS
• 2024-11-07 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2024-10-29 Price Changed $270,000 Daytona MLS
• 2024-10-29 Price Changed $270,000 Stellar MLS as Distributed by MLS Grid
• 2024-09-20 Price Changed $275,000 Daytona MLS
• 2024-09-20 Price Changed $275,000 Stellar MLS as Distributed by MLS Grid
• 2024-08-26 Price Changed $280,000 Stellar MLS as Distributed by MLS Grid
• 2024-08-23 Price Changed $280,000 Daytona MLS
• 2024-06-26 Price Changed $285,000 Daytona MLS
• 2024-06-26 Price Changed $285,000 Stellar MLS as Distributed by MLS Grid
• 2024-06-19 Price Changed $290,000 Daytona MLS
• 2024-06-19 Price Changed $290,000 Stellar MLS as Distributed by MLS Grid
• 2024-06-18 Price Changed $285,000 Daytona MLS
• 2024-06-18 Price Changed $285,000 Stellar MLS as Distributed by MLS Grid
• 2024-06-10 Price Changed $290,000 Stellar MLS as Distributed by MLS Grid
• 2024-06-03 Listed $295,000 Daytona MLS
• 2024-06-01 Listed $295,000 Stellar MLS as Distributed by MLS Grid
• 2023-04-18 Sold (Public Records) $250,000 Public Records
• 2023-04-14 Sold (MLS) $250,000 Daytona MLS
• 2023-04-12 Pending — Daytona MLS
• 2023-03-04 Contingent — Daytona MLS
• 2023-02-27 Relisted — Daytona MLS
• 2023-02-20 Contingent — Daytona MLS
• 2023-02-13 Price Changed $249,900 Stellar MLS as Distributed by MLS Grid
• 2023-02-13 Price Changed $249,900 Daytona MLS
• 2023-01-16 Price Changed $260,000 Daytona MLS
• 2023-01-16 Price Changed $260,000 Stellar MLS as Distributed by MLS Grid
• 2022-12-15 Listed $280,000 Stellar MLS as Distributed by MLS Grid
• 2022-12-15 Listed $280,000 Daytona MLS
• 2021-04-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2021-04-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2017-01-09 Sold (Public Records) $114,000 Public Records
• 2017-01-06 Sold (MLS) $114,000 Daytona MLS
• 2017-01-06 Sold (MLS) $114,000 Stellar MLS as Distributed by MLS Grid
• 2016-11-23 Pending — Stellar MLS as Distributed by MLS Grid
• 2016-11-23 Pending — Daytona MLS
• 2016-11-18 Price Changed $119,900 Stellar MLS as Distributed by MLS Grid
• 2016-11-18 Price Changed $119,900 Daytona MLS
• 2016-09-28 Listed $129,900 Daytona MLS
• 2016-09-27 Listed $129,900 Stellar MLS as Distributed by MLS Grid
• 2010-06-03 Listed $124,900 Stellar MLS as Distributed by MLS Grid
• 2007-02-24 Listed $129,000 Stellar MLS as Distributed by MLS Grid
• 2005-09-13 Sold (Public Records) $145,000 Public Records
• 2005-09-06 Sold (MLS) $145,000 NSBMLS
• 2005-09-06 Sold (MLS) $145,000 Stellar MLS as Distributed by MLS Grid
• 2005-09-06 Sold (MLS) $145,000 Daytona MLS
• 2005-09-06 Sold (MLS) $145,000 Stellar MLS as Distributed by MLS Grid
• 2005-07-29 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2005-07-11 Listed $149,900 NSBMLS
• 2005-07-11 Listed $149,900 Stellar MLS as Distributed by MLS Grid
• 2005-07-11 Listed $149,900 Daytona MLS
• 2005-06-20 Listed $149,900 Stellar MLS as Distributed by MLS Grid
• 2005-01-16 Listing Removed — Daytona MLS
• 2005-01-12 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2004-11-15 Listed $145,000 Daytona MLS
• 2004-11-01 Listed $139,900 Stellar MLS as Distributed by MLS Grid
• 2002-09-05 Sold (Public Records) $86,300 Public Records
• 1996-10-15 Sold (Public Records) $42,900 Public Records
• 1971-06-01 Sold (Public Records) $12,000 Public Records

Property tax history

+9.7%/yr

Latest (2025): $3,799 · +0.7% YoY. Source: county tax records.