CashFlowRE
Sign in Sign up
140 Limewood Pl Unit A
D Composite 43.19
Why this score? — see what drove the D 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 +10.7/30.0
  • 1% rule +8.4/10.0
  • ARV discount +7.5/15.0
  • Livability +4.2/5.0
  • Schools +3.9/10.0
  • DSCR +3.1/10.0
  • Rent growth +2.9/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$172,000

140 Limewood Pl Unit A · Ormond Beach, FL 32174
3 bd · 3.0 ba · 1,617 sqft · Condo public records · 231 Days on market
Built 1985 $645/mo HOA · 28% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Tucked into the heart of Ormond Beach, this end-unit townhouse is the kind of place that just feels easy the moment you arrive. Whether you're starting fresh, downsizing, or adding a smart investment to your portfolio, this 3-bedroom, 3-bath home checks the boxes that matter most: location, comfort, and low-stress living. One of the standout features is the first-floor primary suite, complete with a private full bath. It's perfect for everyday convenience, long-term flexibility, or simply enjoying a little extra privacy. The living and dining areas flow together in a bright, open space anchored by a cozy fireplace, ideal for relaxed evenings or casual get-togethers. The kitchen is fully equipped and ready for real life, and having a washer and dryer right in the home makes day-to-day routines effortless. Step through the sliding doors and you'll find a private back deck overlooking a peaceful canal. It's a quiet spot for morning coffee, winding down after the beach, or just enjoying the calm that comes with being slightly tucked away. As an end unit, you'll appreciate the extra privacy along with the charming front courtyard that gives the home a warm, welcoming feel. Parking is easy with a covered carport plus guest spaces nearby. Even better, the maintenance fee covers so much of the heavy lifting, including exterior and structural maintenance, water, sewer, pest control, and common areas, so you can focus on enjoying your time instead of managing chores. The community amenities round it all out: a pool for sunny Florida days, a tennis court, and a community dock for fishing or soaking in the water views. Close to beaches, restaurants, and major roadways, this home offers the perfect balance of convenience and calm. True Turnkey living with exterior painting and roof included in the monthly fees. This isn't just a place to live. It's a place to settle in, slow down, and enjoy the Ormond Beach lifestyle. Motivated Sellers will consider all reasonable offers.

Key facts

  • Private back deck
  • Tennis court
  • Community pool

Tags

PRIVATE BACK DECKSERENE CANALQUAINT FRONT COURTYARDCOMMUNITY POOLTENNIS COURTCOMMUNAL DOCK

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/3.0-bath condo listed at $172k.

Deal economics

  • At list price, monthly cash flow is $-81 ($-969/yr) — negative.
  • To cash-flow at today's rent, offer at most $158k (8.3% below list).
  • Meets the 1% rule at list price ($2k rent vs $172k).
  • Recommended offer: $151k (12.0% below list) — sets the bar for market timing.
  • Cap rate 5.7% vs local median 3.8% 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: Pine Trail Elementary School (math 77% / reading 72%, grade A, #230 of 2,144 statewide, top 12%, 688 students, 45% FRL); Ormond Beach Middle School (math 57% / reading 55%, grade B-, #175 of 571 statewide, top 31%, 990 students, 48% FRL); Seabreeze High School (math 31% / reading 56%, grade F, #248 of 667 statewide, top 38%, 1,654 students, 41% FRL).
  • Market conditions: Rents rising (+1.6%/yr); 989 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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 39% 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 $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

  • It's been on market 231 days — a 12% lower offer ($151k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts; this cycle's ask has dropped $43k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $67k; list at $172k implies a 155% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: HOA is 28% of rent.
  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $151,360 (12.0% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 231 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. 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?
  8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  9. 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.
  10. 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.
  11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.34%
Cap rate
5.73%
Cash-on-cash
-2.01%
DSCR
0.91
GRM
6.2

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
-21.8%
Equity multiple
0.26×
Total profit
$-35,651
Equity at exit
$25,646
10-year hold
IRR
-21.1%
Equity multiple
0.00×
Total profit
$-48,156
Equity at exit
$14,871

Cash invested: $48,160 (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.

ZIP-level market 32174

Rents YoY
1.6%
Active inventory
989
Price-to-rent
6.2×

Monthly cashflow live

Estimated rent
$2,300 medium interval (Pro) →
Mortgage (P&I)
$902
Tax from tax record
$279 /mo · $3,349/yr
Insurance
$72
HOA
$645
Vacancy / Maint / Mgmt
$483
Net cashflow
$-81

Break-even live

Break-even rent $2,402
Max offer price $157,731
Occupancy floor 99%

Sensitivity live

Price -10% $17 -5% $-32 +0% $-81 +5% $-129 +10% $-178
Rent -10% $-262 -5% $-172 +0% $-81 +5% $10 +10% $101
Rate -1.0pp $6 -0.5pp $-37 base $-81 +0.5pp $-125 +1.0pp $-171

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
$43,000
Closing costs
$5,160
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 4 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
12 Bella Vita Way Ormond Beach, FL 3.0 2.5 1687 $2,150 $1.27 23d 1 0.08mi
19 Old Port Cir Ormond Beach, FL 3.0 2.0 2015 $2,700 $1.34 16d 1 0.62mi
174 Ormond Grande Blvd Ormond Beach, FL 3.0 2.5 1601 $2,136 $1.33 23d 2 1.07mi
30 Wild Fern Ln Ormond Beach, FL 4.0 2.0 1937 $2,500 $1.29 25d 1 1.14mi

HOA detail condo

Monthly dues
$645 · $7,740/yr
Likely covers
watersewerpool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 24 events

  1. 2026-06-22
    days on market $172,000 Active 231 DOM
  2. 2026-06-18
    days on market $172,000 Active 228 DOM
  3. 2026-06-17
    days on market $172,000 Active 227 DOM
  4. 2026-06-16
    days on market $172,000 Active 226 DOM
  5. 2026-06-15
    days on market $172,000 Active 225 DOM
  6. 2026-06-14
    days on market $172,000 Active 223 DOM
  7. 2026-06-10
    days on market $172,000 Active 220 DOM
  8. 2026-06-09
    pricedays on market $172,000 Active 219 DOM
  9. 2026-06-08
    days on market $175,000 Active 218 DOM
  10. 2026-06-07
    days on market $175,000 Active 217 DOM
  11. 2026-06-05
    days on market $175,000 Active 214 DOM
  12. 2026-06-03
    days on market $175,000 Active 213 DOM
  13. 2026-06-03
    days on market $175,000 Active 212 DOM
  14. 2026-06-01
    days on market $175,000 Active 211 DOM
  15. 2026-05-31
    days on market $175,000 Active 210 DOM
  16. 2026-05-31
    days on market $175,000 Active 209 DOM
  17. 2026-04-24
    status Active 1993-char remark
    Show marketing remark (1993 chars)

    Tucked into the heart of Ormond Beach, this end-unit townhouse is the kind of place that just feels easy the moment you arrive. Whether you're starting fresh, downsizing, or adding a smart investment to your portfolio, this 3-bedroom, 3-bath home checks the boxes that matter most: location, comfort, and low-stress living. One of the standout features is the first-floor primary suite, complete with a private full bath. It's perfect for everyday convenience, long-term flexibility, or simply enjoying a little extra privacy. The living and dining areas flow together in a bright, open space anchored by a cozy fireplace, ideal for relaxed evenings or casual get-togethers. The kitchen is fully equipped and ready for real life, and having a washer and dryer right in the home makes day-to-day routines effortless. Step through the sliding doors and you'll find a private back deck overlooking a peaceful canal. It's a quiet spot for morning coffee, winding down after the beach, or just enjoying the calm that comes with being slightly tucked away. As an end unit, you'll appreciate the extra privacy along with the charming front courtyard that gives the home a warm, welcoming feel. Parking is easy with a covered carport plus guest spaces nearby. Even better, the maintenance fee covers so much of the heavy lifting, including exterior and structural maintenance, water, sewer, pest control, and common areas, so you can focus on enjoying your time instead of managing chores. The community amenities round it all out: a pool for sunny Florida days, a tennis court, and a community dock for fishing or soaking in the water views. Close to beaches, restaurants, and major roadways, this home offers the perfect balance of convenience and calm. True Turnkey living with exterior painting and roof included in the monthly fees. This isn't just a place to live. It's a place to settle in, slow down, and enjoy the Ormond Beach lifestyle. Motivated Sellers will consider all reasonable offers.

  18. 2026-04-24
    price $175,000 1993-char remark
    Show marketing remark (1993 chars)

    Tucked into the heart of Ormond Beach, this end-unit townhouse is the kind of place that just feels easy the moment you arrive. Whether you're starting fresh, downsizing, or adding a smart investment to your portfolio, this 3-bedroom, 3-bath home checks the boxes that matter most: location, comfort, and low-stress living. One of the standout features is the first-floor primary suite, complete with a private full bath. It's perfect for everyday convenience, long-term flexibility, or simply enjoying a little extra privacy. The living and dining areas flow together in a bright, open space anchored by a cozy fireplace, ideal for relaxed evenings or casual get-togethers. The kitchen is fully equipped and ready for real life, and having a washer and dryer right in the home makes day-to-day routines effortless. Step through the sliding doors and you'll find a private back deck overlooking a peaceful canal. It's a quiet spot for morning coffee, winding down after the beach, or just enjoying the calm that comes with being slightly tucked away. As an end unit, you'll appreciate the extra privacy along with the charming front courtyard that gives the home a warm, welcoming feel. Parking is easy with a covered carport plus guest spaces nearby. Even better, the maintenance fee covers so much of the heavy lifting, including exterior and structural maintenance, water, sewer, pest control, and common areas, so you can focus on enjoying your time instead of managing chores. The community amenities round it all out: a pool for sunny Florida days, a tennis court, and a community dock for fishing or soaking in the water views. Close to beaches, restaurants, and major roadways, this home offers the perfect balance of convenience and calm. True Turnkey living with exterior painting and roof included in the monthly fees. This isn't just a place to live. It's a place to settle in, slow down, and enjoy the Ormond Beach lifestyle. Motivated Sellers will consider all reasonable offers.

  19. 2026-04-18
    historical Active Under Contract 1993-char remark
    Show marketing remark (1993 chars)

    Tucked into the heart of Ormond Beach, this end-unit townhouse is the kind of place that just feels easy the moment you arrive. Whether you're starting fresh, downsizing, or adding a smart investment to your portfolio, this 3-bedroom, 3-bath home checks the boxes that matter most: location, comfort, and low-stress living. One of the standout features is the first-floor primary suite, complete with a private full bath. It's perfect for everyday convenience, long-term flexibility, or simply enjoying a little extra privacy. The living and dining areas flow together in a bright, open space anchored by a cozy fireplace, ideal for relaxed evenings or casual get-togethers. The kitchen is fully equipped and ready for real life, and having a washer and dryer right in the home makes day-to-day routines effortless. Step through the sliding doors and you'll find a private back deck overlooking a peaceful canal. It's a quiet spot for morning coffee, winding down after the beach, or just enjoying the calm that comes with being slightly tucked away. As an end unit, you'll appreciate the extra privacy along with the charming front courtyard that gives the home a warm, welcoming feel. Parking is easy with a covered carport plus guest spaces nearby. Even better, the maintenance fee covers so much of the heavy lifting, including exterior and structural maintenance, water, sewer, pest control, and common areas, so you can focus on enjoying your time instead of managing chores. The community amenities round it all out: a pool for sunny Florida days, a tennis court, and a community dock for fishing or soaking in the water views. Close to beaches, restaurants, and major roadways, this home offers the perfect balance of convenience and calm. True Turnkey living with exterior painting and roof included in the monthly fees. This isn't just a place to live. It's a place to settle in, slow down, and enjoy the Ormond Beach lifestyle. Motivated Sellers will consider all reasonable offers.

  20. 2026-03-31
    price $182,000 1993-char remark
    Show marketing remark (1993 chars)

    Tucked into the heart of Ormond Beach, this end-unit townhouse is the kind of place that just feels easy the moment you arrive. Whether you're starting fresh, downsizing, or adding a smart investment to your portfolio, this 3-bedroom, 3-bath home checks the boxes that matter most: location, comfort, and low-stress living. One of the standout features is the first-floor primary suite, complete with a private full bath. It's perfect for everyday convenience, long-term flexibility, or simply enjoying a little extra privacy. The living and dining areas flow together in a bright, open space anchored by a cozy fireplace, ideal for relaxed evenings or casual get-togethers. The kitchen is fully equipped and ready for real life, and having a washer and dryer right in the home makes day-to-day routines effortless. Step through the sliding doors and you'll find a private back deck overlooking a peaceful canal. It's a quiet spot for morning coffee, winding down after the beach, or just enjoying the calm that comes with being slightly tucked away. As an end unit, you'll appreciate the extra privacy along with the charming front courtyard that gives the home a warm, welcoming feel. Parking is easy with a covered carport plus guest spaces nearby. Even better, the maintenance fee covers so much of the heavy lifting, including exterior and structural maintenance, water, sewer, pest control, and common areas, so you can focus on enjoying your time instead of managing chores. The community amenities round it all out: a pool for sunny Florida days, a tennis court, and a community dock for fishing or soaking in the water views. Close to beaches, restaurants, and major roadways, this home offers the perfect balance of convenience and calm. True Turnkey living with exterior painting and roof included in the monthly fees. This isn't just a place to live. It's a place to settle in, slow down, and enjoy the Ormond Beach lifestyle. Motivated Sellers will consider all reasonable offers.

  21. 2026-02-11
    price $189,500 1993-char remark
    Show marketing remark (1993 chars)

    Tucked into the heart of Ormond Beach, this end-unit townhouse is the kind of place that just feels easy the moment you arrive. Whether you're starting fresh, downsizing, or adding a smart investment to your portfolio, this 3-bedroom, 3-bath home checks the boxes that matter most: location, comfort, and low-stress living. One of the standout features is the first-floor primary suite, complete with a private full bath. It's perfect for everyday convenience, long-term flexibility, or simply enjoying a little extra privacy. The living and dining areas flow together in a bright, open space anchored by a cozy fireplace, ideal for relaxed evenings or casual get-togethers. The kitchen is fully equipped and ready for real life, and having a washer and dryer right in the home makes day-to-day routines effortless. Step through the sliding doors and you'll find a private back deck overlooking a peaceful canal. It's a quiet spot for morning coffee, winding down after the beach, or just enjoying the calm that comes with being slightly tucked away. As an end unit, you'll appreciate the extra privacy along with the charming front courtyard that gives the home a warm, welcoming feel. Parking is easy with a covered carport plus guest spaces nearby. Even better, the maintenance fee covers so much of the heavy lifting, including exterior and structural maintenance, water, sewer, pest control, and common areas, so you can focus on enjoying your time instead of managing chores. The community amenities round it all out: a pool for sunny Florida days, a tennis court, and a community dock for fishing or soaking in the water views. Close to beaches, restaurants, and major roadways, this home offers the perfect balance of convenience and calm. True Turnkey living with exterior painting and roof included in the monthly fees. This isn't just a place to live. It's a place to settle in, slow down, and enjoy the Ormond Beach lifestyle. Motivated Sellers will consider all reasonable offers.

  22. 2025-11-21
    price $199,500 1993-char remark
    Show marketing remark (1993 chars)

    Tucked into the heart of Ormond Beach, this end-unit townhouse is the kind of place that just feels easy the moment you arrive. Whether you're starting fresh, downsizing, or adding a smart investment to your portfolio, this 3-bedroom, 3-bath home checks the boxes that matter most: location, comfort, and low-stress living. One of the standout features is the first-floor primary suite, complete with a private full bath. It's perfect for everyday convenience, long-term flexibility, or simply enjoying a little extra privacy. The living and dining areas flow together in a bright, open space anchored by a cozy fireplace, ideal for relaxed evenings or casual get-togethers. The kitchen is fully equipped and ready for real life, and having a washer and dryer right in the home makes day-to-day routines effortless. Step through the sliding doors and you'll find a private back deck overlooking a peaceful canal. It's a quiet spot for morning coffee, winding down after the beach, or just enjoying the calm that comes with being slightly tucked away. As an end unit, you'll appreciate the extra privacy along with the charming front courtyard that gives the home a warm, welcoming feel. Parking is easy with a covered carport plus guest spaces nearby. Even better, the maintenance fee covers so much of the heavy lifting, including exterior and structural maintenance, water, sewer, pest control, and common areas, so you can focus on enjoying your time instead of managing chores. The community amenities round it all out: a pool for sunny Florida days, a tennis court, and a community dock for fishing or soaking in the water views. Close to beaches, restaurants, and major roadways, this home offers the perfect balance of convenience and calm. True Turnkey living with exterior painting and roof included in the monthly fees. This isn't just a place to live. It's a place to settle in, slow down, and enjoy the Ormond Beach lifestyle. Motivated Sellers will consider all reasonable offers.

  23. 2025-11-02
    listed $215,000 Active 1993-char remark
    Show marketing remark (1993 chars)

    Tucked into the heart of Ormond Beach, this end-unit townhouse is the kind of place that just feels easy the moment you arrive. Whether you're starting fresh, downsizing, or adding a smart investment to your portfolio, this 3-bedroom, 3-bath home checks the boxes that matter most: location, comfort, and low-stress living. One of the standout features is the first-floor primary suite, complete with a private full bath. It's perfect for everyday convenience, long-term flexibility, or simply enjoying a little extra privacy. The living and dining areas flow together in a bright, open space anchored by a cozy fireplace, ideal for relaxed evenings or casual get-togethers. The kitchen is fully equipped and ready for real life, and having a washer and dryer right in the home makes day-to-day routines effortless. Step through the sliding doors and you'll find a private back deck overlooking a peaceful canal. It's a quiet spot for morning coffee, winding down after the beach, or just enjoying the calm that comes with being slightly tucked away. As an end unit, you'll appreciate the extra privacy along with the charming front courtyard that gives the home a warm, welcoming feel. Parking is easy with a covered carport plus guest spaces nearby. Even better, the maintenance fee covers so much of the heavy lifting, including exterior and structural maintenance, water, sewer, pest control, and common areas, so you can focus on enjoying your time instead of managing chores. The community amenities round it all out: a pool for sunny Florida days, a tennis court, and a community dock for fishing or soaking in the water views. Close to beaches, restaurants, and major roadways, this home offers the perfect balance of convenience and calm. True Turnkey living with exterior painting and roof included in the monthly fees. This isn't just a place to live. It's a place to settle in, slow down, and enjoy the Ormond Beach lifestyle. Motivated Sellers will consider all reasonable offers.

  24. 1997-09-03
    soldstatus $67,400

ⓘ 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
$3,349 · $279/mo
Projected year-2 tax
$3,349 · $279/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 3/10 Moderate
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥106°F today · 21 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$27,600
− Mortgage interest
−$9,635
− Property taxes
−$3,349
− Insurance
−$860
− Repairs & maintenance
−$2,208
− Management
−$2,208
− HOA
−$7,740
− Depreciation
−$5,004
Taxable loss
−$3,404
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$817
After-tax cash flow
$-152/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

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

Price history

+159.6% since first listed
8 events — show timeline
  • 2026-04-24 Relisted Daytona MLS
  • 2026-04-24 Price Changed $175,000 Daytona MLS
  • 2026-04-18 Contingent Daytona MLS
  • 2026-03-31 Price Changed $182,000 Daytona MLS
  • 2026-02-11 Price Changed $189,500 Daytona MLS
  • 2025-11-21 Price Changed $199,500 Daytona MLS
  • 2025-11-02 Listed $215,000 Daytona MLS
  • 1997-09-03 Sold (Public Records) $67,400 Public Records

Property tax history

+6.6%/yr

Latest (2025): $3,349 · -2.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…