850 E Lindenwood Cir · Ormond Beach, FL 32174

$335,000

3 bd · 2.0 ba · 1,570 sqft · SingleFamily public records · 2 Days on market

Built 1976 9,583 sqft lot

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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 +12.9/30.0
• ARV discount +7.5/15.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• DSCR +3.8/10.0
• 1% rule +3.5/10.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Nestled in the charming city of Ormond Beach, Florida, this lovely Single Family home is located at 850 Lindenwood Circle East. Built in 1976, this timeless residence offers a classic design with modern amenities. Boasting a total of 2 full bathrooms and 1,570 square feet of finished living space, this property provides a comfortable and spacious layout for any family to enjoy. As you approach the home, you are greeted by a well-maintained exterior and a lush front yard, set on a sizable lot spanning 9,775 square feet. The expansive yard offers plenty of space for outdoor activities, gardening, or simply relaxing in the sunshine. The fenced backyard provides a private retreat for entertaining guests or enjoying peaceful moments in the fresh air. Stepping inside, you will find a welcoming living space with an abundance of natural light and a cozy atmosphere. The open floor plan seamlessly connects the living room, dining area, and kitchen, creating a perfect flow for everyday living and entertaining. The kitchen is equipped with modern appliances, ample storage space, and a convenient layout for meal preparation. The home features two well-appointed bathrooms, providing convenience and comfort for residents and guests. The 3 bedrooms and bonus room are spacious and offer plenty of room for relaxation and rest. Each room is thoughtfully designed with comfort and functionality in mind, creating a harmonious living environment for all. Located in a desirable neighborhood, this property is close to shopping, dining, entertainment, and top rated schools. Enjoy easy access to Sanchez park, beaches, and recreational activities, allowing for a vibrant and active lifestyle. With its prime location and charming features, this home offers a wonderful opportunity to live in the heart of Ormond Beach.

Key facts

• Newer counters
• White cabinets
• Updated bathrooms

Tags

• COMBINED LIVING DINING AREA
• NEWER KITCHEN APPLIANCES
• WHITE CABINETS
• NEWER COUNTERS
• BREAKFAST BAR
• UPDATED BATHROOMS

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $335k.

Deal economics

• At list price, monthly cash flow is $-93 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $319k (4.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $283k (15.4% below list).
• Recommended offer: $283k (15.4% below list) — sets the bar for 1% rule.
• Cap rate 6.2% 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.
• Market conditions: Rents rising (+1.6%/yr); 985 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 3,402 units permitted in Volusia County in 2024 (681 in 5+ unit buildings).
• At $2,834/mo this rent would consume 48% of the median local household income ($71k/yr) (locally 1158% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k 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 2 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 9y 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.
• Current owner paid $178k; list at $335k implies a 88% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; 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 $283,399 (15.4% 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. Built in 1976 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.85% ✗
• Cap rate: 6.20%
• Cash-on-cash: -0.34%
• DSCR: 0.98
• GRM: 9.9

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: -19.8%
• Equity multiple: 0.32×
• Total profit: $-63,972
• Equity at exit: $49,950

10-year hold

• IRR: -15.8%
• Equity multiple: 0.16×
• Total profit: $-78,383
• Equity at exit: $28,965

Cash invested: $93,800 (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: 985
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $2,834 high
• Mortgage (P&I): −$1,757
• Tax from tax record: −$369 /mo · $4,427/yr
• Insurance: −$140
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$595
• Net cashflow: $-93

Break-even live

Break-even rent $2,952

Max offer price $318,597

Occupancy floor 98%

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: $83,750
• Closing costs: $10,050
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
70 Brooks Dr Ormond Beach, FL	3.0	2.0	1204	$2,195	$1.82	21d	1	1.19mi
173 Nature Trl Ormond Beach, FL	3.0	2.5	1888	$2,350	$1.24	14d	1	1.24mi
3 Glen Arbor Park Ormond Beach, FL	2.0	1.5	1200	$1,700	$1.42	23d	1	1.35mi
157 Longwood Dr Unit 1545681P Ormond Beach, FL	2.0	2.0	1280	$4,032	$3.15	14d	1	1.38mi
915 Ocean Shore Blvd Apt 701 Ormond Beach, FL	2.0	2.0	1175	$3,000	$2.55	23d	1	1.40mi
8 Tropical Dr Unit 1546317P Ormond Beach, FL	2.0	1.0	1248	$3,902	$3.13	14d	1	1.45mi
1133 Ocean Shore Blvd #702 Ormond Beach, FL	2.0	2.0	1065	$3,250	$3.05	23d	1	1.49mi

Listing history 19 events

1. 2026-06-18
   days on market $335,000 Active 2 DOM
2. 2026-06-17
   pricedays on marketlisting id $335,000 Active 1 DOM
3. 2026-06-10
   days on market $334,900 Active 132 DOM
4. 2026-06-09
   days on market $334,900 Active 131 DOM
5. 2026-06-08
   days on market $334,900 Active 130 DOM
6. 2026-06-07
   days on market $334,900 Active 129 DOM
7. 2026-06-05
   days on market $334,900 Active 126 DOM
8. 2026-06-03
   days on market $334,900 Active 125 DOM
9. 2026-06-03
   days on market $334,900 Active 124 DOM
10. 2026-06-01
    days on market $334,900 Active 123 DOM
11. 2026-05-31
    days on market $334,900 Active 122 DOM
12. 2026-05-31
    days on market $334,900 Active 121 DOM
13. 2026-05-06
    price $334,900 1835-char remark

    Show marketing remark (1835 chars)

    Nestled in the charming city of Ormond Beach, Florida, this lovely Single Family home is located at 850 Lindenwood Circle East. Built in 1976, this timeless residence offers a classic design with modern amenities. Boasting a total of 2 full bathrooms and 1,570 square feet of finished living space, this property provides a comfortable and spacious layout for any family to enjoy. As you approach the home, you are greeted by a well-maintained exterior and a lush front yard, set on a sizable lot spanning 9,775 square feet. The expansive yard offers plenty of space for outdoor activities, gardening, or simply relaxing in the sunshine. The fenced backyard provides a private retreat for entertaining guests or enjoying peaceful moments in the fresh air. Stepping inside, you will find a welcoming living space with an abundance of natural light and a cozy atmosphere. The open floor plan seamlessly connects the living room, dining area, and kitchen, creating a perfect flow for everyday living and entertaining. The kitchen is equipped with modern appliances, ample storage space, and a convenient layout for meal preparation. The home features two well-appointed bathrooms, providing convenience and comfort for residents and guests. The 3 bedrooms and bonus room are spacious and offer plenty of room for relaxation and rest. Each room is thoughtfully designed with comfort and functionality in mind, creating a harmonious living environment for all. Located in a desirable neighborhood, this property is close to shopping, dining, entertainment, and top rated schools. Enjoy easy access to Sanchez park, beaches, and recreational activities, allowing for a vibrant and active lifestyle. With its prime location and charming features, this home offers a wonderful opportunity to live in the heart of Ormond Beach.

14. 2026-01-29
    listed $350,000 Active 1835-char remark

    Show marketing remark (1835 chars)

    Nestled in the charming city of Ormond Beach, Florida, this lovely Single Family home is located at 850 Lindenwood Circle East. Built in 1976, this timeless residence offers a classic design with modern amenities. Boasting a total of 2 full bathrooms and 1,570 square feet of finished living space, this property provides a comfortable and spacious layout for any family to enjoy. As you approach the home, you are greeted by a well-maintained exterior and a lush front yard, set on a sizable lot spanning 9,775 square feet. The expansive yard offers plenty of space for outdoor activities, gardening, or simply relaxing in the sunshine. The fenced backyard provides a private retreat for entertaining guests or enjoying peaceful moments in the fresh air. Stepping inside, you will find a welcoming living space with an abundance of natural light and a cozy atmosphere. The open floor plan seamlessly connects the living room, dining area, and kitchen, creating a perfect flow for everyday living and entertaining. The kitchen is equipped with modern appliances, ample storage space, and a convenient layout for meal preparation. The home features two well-appointed bathrooms, providing convenience and comfort for residents and guests. The 3 bedrooms and bonus room are spacious and offer plenty of room for relaxation and rest. Each room is thoughtfully designed with comfort and functionality in mind, creating a harmonious living environment for all. Located in a desirable neighborhood, this property is close to shopping, dining, entertainment, and top rated schools. Enjoy easy access to Sanchez park, beaches, and recreational activities, allowing for a vibrant and active lifestyle. With its prime location and charming features, this home offers a wonderful opportunity to live in the heart of Ormond Beach.

15. 2017-04-27
    soldstatus $178,000
16. 2017-04-26
    soldstatus $178,000 Closed 569-char remark

    Show marketing remark (569 chars)

    Welcome to the neighborhood! This lovely 3 BD 2 BA​ CB home close to Ormond Middle School has been lovingly maintained for years. NEW carpet, roof 4 YEARS OLD. It has a combination living/dining room and a family room with a kitchenette and breakfast bar. Newer appliance and countertops. INSIDE laundry room with lots of storage. AC approximately 7 years old and serviced annually. Bathrooms updated. Screened porch overlooking a lovely backyard. Great home in a desirable neighborhood near Sanchez Park, Tomoka State Park, Halifax River, and minutes from the Beach!​

17. 2017-03-13
    historical Contingent 569-char remark

    Show marketing remark (569 chars)

    Welcome to the neighborhood! This lovely 3 BD 2 BA​ CB home close to Ormond Middle School has been lovingly maintained for years. NEW carpet, roof 4 YEARS OLD. It has a combination living/dining room and a family room with a kitchenette and breakfast bar. Newer appliance and countertops. INSIDE laundry room with lots of storage. AC approximately 7 years old and serviced annually. Bathrooms updated. Screened porch overlooking a lovely backyard. Great home in a desirable neighborhood near Sanchez Park, Tomoka State Park, Halifax River, and minutes from the Beach!​

18. 2017-02-27
    listed $189,000 Active 569-char remark

    Show marketing remark (569 chars)

    Welcome to the neighborhood! This lovely 3 BD 2 BA​ CB home close to Ormond Middle School has been lovingly maintained for years. NEW carpet, roof 4 YEARS OLD. It has a combination living/dining room and a family room with a kitchenette and breakfast bar. Newer appliance and countertops. INSIDE laundry room with lots of storage. AC approximately 7 years old and serviced annually. Bathrooms updated. Screened porch overlooking a lovely backyard. Great home in a desirable neighborhood near Sanchez Park, Tomoka State Park, Halifax River, and minutes from the Beach!​

19. 1976-05-01
    soldstatus $43,000

ⓘ 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: $4,427 · $369/mo
• Projected year-2 tax: $4,427 · $369/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 8/10 Severe FEMA zone X (unshaded) · 97% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥105°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

Taxation est. · year 1

• Rental income: $34,008
• − Mortgage interest: −$18,765
• − Property taxes: −$4,427
• − Insurance: −$2,472
• − Repairs & maintenance: −$2,721
• − Management: −$2,721
• − Depreciation: −$9,745
• Taxable loss: −$6,843
• Est. tax savings @ 24.0%: +$1,642
• After-tax cash flow: $528/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

+678.8% since first listed

7 events — show timeline

• 2026-05-06 Price Changed $334,900 Stellar MLS as Distributed by MLS Grid
• 2026-01-29 Listed $350,000 Stellar MLS as Distributed by MLS Grid
• 2017-04-27 Sold (Public Records) $178,000 Public Records
• 2017-04-26 Sold (MLS) $178,000 Daytona MLS
• 2017-03-13 Contingent — Daytona MLS
• 2017-02-27 Listed $189,000 Daytona MLS
• 1976-05-01 Sold (Public Records) $43,000 Public Records

Property tax history

+12.6%/yr

Latest (2025): $4,427 · -1.7% YoY. Source: county tax records.