612 Johnson Dr · Ormond Beach, FL 32174

$225,000

4 bd · 2.0 ba · 1,522 sqft · SingleFamily public records · 19 Days on market

Built 1968 8,694 sqft lot

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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 +22.3/30.0
• ARV discount +7.5/15.0
• DSCR +7.1/10.0
• 1% rule +5.7/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home to 612 Johnson Dr, a four-bedroom, two-bath home located in the heart of Ormond Beach. Offering a spacious layout with large bedrooms, two separate living areas, and a dedicated dining room, this home provides the flexibility today's buyers are looking for. Tile and terrazzo flooring run throughout the main living areas, adding character and easy maintenance. A new roof was installed in 2023 for added peace of mind. The double driveway provides added parking options, and with no HOA, there is room to bring your boat or RV. Step outside to a generously sized private backyard with plenty of room to relax, entertain, garden, or create the outdoor space you've always wanted. Conveniently located near shopping, dining, parks, and everyday essentials, this property is a fantastic opportunity for anyone looking for space, value, and a great Ormond Beach location. Schedule your private tour today!

Key facts

• Double driveway
• Private backyard
• No hoa

Tags

• NEW ROOF
• DOUBLE DRIVEWAY
• PRIVATE BACKYARD
• NO HOA
• SPACIOUS LAYOUT
• TILE AND TERRAZZO FLOORING

Property features AI

Finance

• Other: Homestead exempt; Unfurnished
• HOA & community: No HOA association indicated; Pets allowed; Development: Riviera Manor

Exterior

• Parking: Attached garage (1 car)
• Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected
• Home design: Single-family residence; One story; Faces northwest
• Construction: Stucco exterior; Shingle roof; Slab foundation; Built as residential construction
• Exterior features: Front porch; Patio; Porch; Paved road access

Interior

• Kitchen: Dishwasher; Range
• Bedrooms: 4 bedrooms
• Flooring: Tile flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Split bedroom floor plan; Walk-in closets
• Laundry & utility: Laundry area in garage

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $225k.

Deal economics

• At list price, monthly cash flow is $369 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $225k).
• Recommended offer: $222k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.3% vs local median 3.9% in Ormond Beach — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 83/100 on livability (#55 in FL, #965 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, housing A+, health & safety A+; Watch: 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.
• Zoned schools: Holly Hill School (math 27% / reading 33%, grade F, #1,882 of 2,144 statewide, top 88%, 1,149 students, 79% FRL); Mainland High School (math 30% / reading 37%, grade F, #400 of 667 statewide, top 61%, 1,855 students, 64% FRL) — zoned schools average 72% FRL vs 51% district-wide (21 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 32% at this address vs 46% district-wide (-15 pts) — the specific schools serving this property underperform the Volusia average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+1.6%/yr); 986 active listings in the ZIP; 11 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 41% of the median local income ($71k/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 $2k of loan paydown is wiped out by about $7k 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

• It's been on market 19 days — a 2% lower offer ($222k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 28y 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

• Climate carrying-cost: moderate flood risk; 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 $221,625 (1.5% below list)

Questions for the listing agent

1. Built in 1968 — 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 B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 1.07% ✓
• Cap rate: 8.26%
• Cash-on-cash: 7.02%
• DSCR: 1.31
• GRM: 7.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.64% rent growth · sell at horizon

5-year hold

• IRR: -7.0%
• Equity multiple: 0.74×
• Total profit: $-16,195
• Equity at exit: $33,548

10-year hold

• IRR: 0.8%
• Equity multiple: 1.05×
• Total profit: $3,278
• Equity at exit: $19,454

Cash invested: $63,000 (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 32174

• Rents YoY: 1.6%
• Active inventory: 986
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $2,401 high
• Mortgage (P&I): −$1,180
• Tax from tax record: −$254 /mo · $3,050/yr
• Insurance: −$94
• HOA: −$0
• Vacancy / Maint / Mgmt: −$504
• Net cashflow: $369

Break-even live

Break-even rent $1,934

Max offer price $225,000

Occupancy floor 80%

Sensitivity live

Price	-10% $496	-5% $432	+0% $369	+5% $305	+10% $241
Rent	-10% $179	-5% $274	+0% $369	+5% $464	+10% $558
Rate	-1.0pp $482	-0.5pp $426	base $369	+0.5pp $310	+1.0pp $251

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: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
402 Fleming Ave Ormond Beach, FL	3.0	2.0	1495	$2,560	$1.71	22d	1	0.38mi
559 Cameo Dr Ormond Beach, FL	3.0	2.5	1668	$2,310	$1.38	24d	1	0.61mi
733 Buena Vista Ave Ormond Beach, FL	3.0	2.0	1485	$2,400	$1.62	24d	1	0.90mi
1953 Nelson Ave Ormond Beach, FL	4.0	1.5	1600	$2,000	$1.25	24d	1	0.91mi
1767 Valencia Ave Ormond Beach, FL	4.0	2.0	1216	$2,100	$1.73	24d	1	0.92mi
1575 Megan Bay Cir Daytona Beach, FL	3.0	2.0	1232	$1,800	$1.46	24d	1	0.92mi
1235 Alcazar St Daytona Beach, FL	3.0	2.0	1498	$2,100	$1.40	24d	1	1.10mi
1420 Alabama Ave Daytona Beach, FL	4.0	2.0	1367	$1,824	$1.33	20d	1	1.13mi
1435 Atlanta Dr Daytona Beach, FL	3.0	1.0	1200	$1,800	$1.50	24d	1	1.19mi
1512 Richmond Ave Unit 1546284P Daytona Beach, FL	3.0	2.0	1173	$3,226	$2.75	15d	1	1.30mi
638 LPGA Blvd Unit B Daytona Beach, FL	3.0	2.0	1111	$2,490	$2.24	24d	1	1.46mi

Listing history 23 events

1. 2026-05-06
   status Pending

   Show marketing remark (915 chars)

   Welcome home to 612 Johnson Dr, a four-bedroom, two-bath home located in the heart of Ormond Beach. Offering a spacious layout with large bedrooms, two separate living areas, and a dedicated dining room, this home provides the flexibility today's buyers are looking for. Tile and terrazzo flooring run throughout the main living areas, adding character and easy maintenance. A new roof was installed in 2023 for added peace of mind. The double driveway provides added parking options, and with no HOA, there is room to bring your boat or RV. Step outside to a generously sized private backyard with plenty of room to relax, entertain, garden, or create the outdoor space you've always wanted. Conveniently located near shopping, dining, parks, and everyday essentials, this property is a fantastic opportunity for anyone looking for space, value, and a great Ormond Beach location. Schedule your private tour today!

2. 2026-05-06
   status Pending 915-char remark

   Show marketing remark (915 chars)

   Welcome home to 612 Johnson Dr, a four-bedroom, two-bath home located in the heart of Ormond Beach. Offering a spacious layout with large bedrooms, two separate living areas, and a dedicated dining room, this home provides the flexibility today's buyers are looking for. Tile and terrazzo flooring run throughout the main living areas, adding character and easy maintenance. A new roof was installed in 2023 for added peace of mind. The double driveway provides added parking options, and with no HOA, there is room to bring your boat or RV. Step outside to a generously sized private backyard with plenty of room to relax, entertain, garden, or create the outdoor space you've always wanted. Conveniently located near shopping, dining, parks, and everyday essentials, this property is a fantastic opportunity for anyone looking for space, value, and a great Ormond Beach location. Schedule your private tour today!

3. 2026-04-29
   status Active 915-char remark

   Show marketing remark (915 chars)

   Welcome home to 612 Johnson Dr, a four-bedroom, two-bath home located in the heart of Ormond Beach. Offering a spacious layout with large bedrooms, two separate living areas, and a dedicated dining room, this home provides the flexibility today's buyers are looking for. Tile and terrazzo flooring run throughout the main living areas, adding character and easy maintenance. A new roof was installed in 2023 for added peace of mind. The double driveway provides added parking options, and with no HOA, there is room to bring your boat or RV. Step outside to a generously sized private backyard with plenty of room to relax, entertain, garden, or create the outdoor space you've always wanted. Conveniently located near shopping, dining, parks, and everyday essentials, this property is a fantastic opportunity for anyone looking for space, value, and a great Ormond Beach location. Schedule your private tour today!

4. 2026-04-29
   status Active

   Show marketing remark (915 chars)

   Welcome home to 612 Johnson Dr, a four-bedroom, two-bath home located in the heart of Ormond Beach. Offering a spacious layout with large bedrooms, two separate living areas, and a dedicated dining room, this home provides the flexibility today's buyers are looking for. Tile and terrazzo flooring run throughout the main living areas, adding character and easy maintenance. A new roof was installed in 2023 for added peace of mind. The double driveway provides added parking options, and with no HOA, there is room to bring your boat or RV. Step outside to a generously sized private backyard with plenty of room to relax, entertain, garden, or create the outdoor space you've always wanted. Conveniently located near shopping, dining, parks, and everyday essentials, this property is a fantastic opportunity for anyone looking for space, value, and a great Ormond Beach location. Schedule your private tour today!

5. 2026-04-27
   status Pending 915-char remark

   Show marketing remark (915 chars)

   Welcome home to 612 Johnson Dr, a four-bedroom, two-bath home located in the heart of Ormond Beach. Offering a spacious layout with large bedrooms, two separate living areas, and a dedicated dining room, this home provides the flexibility today's buyers are looking for. Tile and terrazzo flooring run throughout the main living areas, adding character and easy maintenance. A new roof was installed in 2023 for added peace of mind. The double driveway provides added parking options, and with no HOA, there is room to bring your boat or RV. Step outside to a generously sized private backyard with plenty of room to relax, entertain, garden, or create the outdoor space you've always wanted. Conveniently located near shopping, dining, parks, and everyday essentials, this property is a fantastic opportunity for anyone looking for space, value, and a great Ormond Beach location. Schedule your private tour today!

6. 2026-04-27
   status Pending

   Show marketing remark (915 chars)

   Welcome home to 612 Johnson Dr, a four-bedroom, two-bath home located in the heart of Ormond Beach. Offering a spacious layout with large bedrooms, two separate living areas, and a dedicated dining room, this home provides the flexibility today's buyers are looking for. Tile and terrazzo flooring run throughout the main living areas, adding character and easy maintenance. A new roof was installed in 2023 for added peace of mind. The double driveway provides added parking options, and with no HOA, there is room to bring your boat or RV. Step outside to a generously sized private backyard with plenty of room to relax, entertain, garden, or create the outdoor space you've always wanted. Conveniently located near shopping, dining, parks, and everyday essentials, this property is a fantastic opportunity for anyone looking for space, value, and a great Ormond Beach location. Schedule your private tour today!

7. 2026-04-15
   listed $225,000 Active
8. 2026-04-14
   listed $225,000 Active 915-char remark

   Show marketing remark (915 chars)

   Welcome home to 612 Johnson Dr, a four-bedroom, two-bath home located in the heart of Ormond Beach. Offering a spacious layout with large bedrooms, two separate living areas, and a dedicated dining room, this home provides the flexibility today's buyers are looking for. Tile and terrazzo flooring run throughout the main living areas, adding character and easy maintenance. A new roof was installed in 2023 for added peace of mind. The double driveway provides added parking options, and with no HOA, there is room to bring your boat or RV. Step outside to a generously sized private backyard with plenty of room to relax, entertain, garden, or create the outdoor space you've always wanted. Conveniently located near shopping, dining, parks, and everyday essentials, this property is a fantastic opportunity for anyone looking for space, value, and a great Ormond Beach location. Schedule your private tour today!

9. 2026-04-06
   historical
10. 2026-04-03
    price $225,000
11. 2026-03-06
    price $230,000
12. 2026-03-02
    price $235,000
13. 2026-02-24
    price $240,000
14. 2026-02-20
    price $245,000
15. 2026-02-13
    listed $249,000 Active
16. 2005-10-18
    soldstatus $199,000
17. 2005-10-07
    soldstatus $199,000
18. 2005-07-16
    listed $199,999
19. 1998-08-24
    soldstatus $80,000
20. 1998-08-20
    soldstatus $80,000
21. 1998-06-22
    listed $84,900
22. 1985-01-01
    soldstatus $58,900
23. 1969-04-01
    soldstatus $15,200

ⓘ 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: $3,050 · $254/mo
• Projected year-2 tax: $3,050 · $254/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 5/10 Major FEMA zone X (unshaded) · 26% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥105°F today · 20 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,809
• − Mortgage interest: −$12,603
• − Property taxes: −$3,050
• − Insurance: −$1,125
• − Repairs & maintenance: −$2,305
• − Management: −$2,305
• − Depreciation: −$6,545
• Taxable income: $876
• Est. tax owed @ 24.0%: −$210
• After-tax cash flow: $4,215/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 — Ormond Beach

• Score: 83/100
• State rank: #55
• US rank: #965

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ormond Beach, FL
• County: Volusia County · 556,871 people
• City population: 69,624
• Metro: Deltona-Daytona Beach-Ormond Beach, FL
• Population (ZIP): 54,783
• Household income: $71,011
• Rent vs Own: 17.6% rent · 82.4% own
• Severe rent burden: 1158.0

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: Predominantly White (82%)
• Race & ethnicity: White 82% Black 6% Hispanic / Latino 5% Two or more races 5% Asian 3%
• Hispanic origin (detail): Puerto Rican 2%
• Common ancestry: Romanian 4% Lithuanian 3% Slovak 3%
• Foreign-born: 7% · Canada, China
• Languages at home: 91% English-only · Spanish 3% Other Indo-European 1% German/W. Germanic 1%

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: ▼ -327.97%
• Current HPI: 271.92
• Rent YoY: ▲ 1.64%
• 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

+1380.3% since first listed

23 events — show timeline

• 2026-05-06 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-06 Pending — Daytona MLS
• 2026-04-29 Relisted — Daytona MLS
• 2026-04-29 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-04-27 Pending — Daytona MLS
• 2026-04-27 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-15 Listed $225,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-14 Listed $225,000 Daytona MLS
• 2026-04-06 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-04-03 Price Changed $225,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-06 Price Changed $230,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-02 Price Changed $235,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-24 Price Changed $240,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-20 Price Changed $245,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-13 Listed $249,000 Stellar MLS as Distributed by MLS Grid
• 2005-10-18 Sold (Public Records) $199,000 Public Records
• 2005-10-07 Sold (MLS) $199,000 Daytona MLS
• 2005-07-16 Listed $199,999 Daytona MLS
• 1998-08-24 Sold (Public Records) $80,000 Public Records
• 1998-08-20 Sold (MLS) $80,000 Daytona MLS
• 1998-06-22 Listed $84,900 Daytona MLS
• 1985-01-01 Sold (Public Records) $58,900 Public Records
• 1969-04-01 Sold (Public Records) $15,200 Public Records

Property tax history

+6.8%/yr

Latest (2025): $3,050 · -0.4% YoY. Source: county tax records.