67 Broadmoor Cir · Ormond Beach, FL 32174

$239,000

3 bd · 2.0 ba · 1,525 sqft · SingleFamily public records · 18 Days on market

Built 1974 7,405 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 +22.2/30.0
• ARV discount +7.5/15.0
• DSCR +7.1/10.0
• 1% rule +4.6/10.0
• 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

Welcome to this charming fixer-upper with 3 bedrooms, and 2 full baths right in the heart of Ormond Beach. upgraded floors throughout the main living areas. Spacious family room/bonus room that leads to a screened back porch and the fenced backyard, makes relaxing and entertaining easy. Convenient location to Central Park, for easy access to shopping, great restaurants, and a short drive to the beach. A little TLC and this one will shine! Schedule your private showing today!

Key facts

• Screened back porch
• Short drive to beach
• Convenient location

Tags

• FENCED BACKYARD
• SCREENED BACK PORCH
• CONVENIENT LOCATION
• EASY ACCESS TO SHOPPING
• SHORT DRIVE TO BEACH

Property features AI

Exterior

• Parking: Attached garage (1 car)
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer; Cable available
• Home design: Single-family residence; One story; Faces north
• Construction: Block construction; Block foundation; Shingle roof; Built with residential single-family design
• Exterior features: Patio (screened); Back yard fencing; Chain link fence; Privacy wood fence; Cleared lot with few trees; Concrete road frontage (city street); Public maintained road

Interior

• Kitchen: Refrigerator; Dishwasher
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heat; Electric heat; Heat pump; Central air; Ceiling fans
• Interior features: Ceiling fans; Pantry; Fireplace (1)
• Laundry & utility: Washer hookup in unit; Electric dryer hookup; Washer and Dryer included

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $239k.

Deal economics

• At list price, monthly cash flow is $391 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $229k (4.1% below list).
• Recommended offer: $229k (4.1% below list) — sets the bar for 1% rule.
• 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: 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); Mainland High School (math 30% / reading 37%, grade F, #400 of 667 statewide, top 61%, 1,855 students, 64% FRL) — zoned schools at 52% FRL track the district average.
• Market conditions: Rents rising (+1.6%/yr); 986 active listings in the ZIP; 13 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 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 $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 18 days — a 2% lower offer ($235k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 21y 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 $159k; list at $239k implies a 51% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major 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 $229,146 (4.1% below list)

Questions for the listing agent

1. Built in 1974 — 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: 0.96% ✗
• Cap rate: 8.25%
• Cash-on-cash: 7.00%
• DSCR: 1.31
• GRM: 8.7

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: 0.75×
• Total profit: $-17,056
• Equity at exit: $35,636

10-year hold

• IRR: 1.0%
• Equity multiple: 1.07×
• Total profit: $4,387
• Equity at exit: $20,664

Cash invested: $66,920 (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: 8.7×

Monthly cashflow live

• Estimated rent: $2,291 high
• Mortgage (P&I): −$1,253
• Tax from tax record: −$67 /mo · $801/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$481
• Net cashflow: $391

Break-even live

Break-even rent $1,797

Max offer price $239,000

Occupancy floor 78%

Sensitivity live

Price	-10% $526	-5% $458	+0% $391	+5% $323	+10% $255
Rent	-10% $210	-5% $300	+0% $391	+5% $481	+10% $572
Rate	-1.0pp $511	-0.5pp $451	base $391	+0.5pp $329	+1.0pp $266

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: $59,750
• Closing costs: $7,170
• Reserves months: —
• Total cash needed: —

Rent comps 13 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	0.14mi
559 Cameo Dr Ormond Beach, FL	3.0	2.5	1668	$2,310	$1.38	25d	1	0.71mi
733 Buena Vista Ave Ormond Beach, FL	3.0	2.0	1485	$2,400	$1.62	25d	1	0.82mi
450 Tomoka Ave Unit 215 Ormond Beach, FL	2.0	1.5	1150	$1,750	$1.52	15d	1	0.91mi
1953 Nelson Ave Ormond Beach, FL	4.0	1.5	1600	$2,000	$1.25	25d	1	1.04mi
1767 Valencia Ave Ormond Beach, FL	4.0	2.0	1216	$2,100	$1.73	25d	1	1.17mi
81 Tomoka Ave Ormond Beach, FL	2.0	2.5	1500	$1,950	$1.30	25d	1	1.23mi
1575 Megan Bay Cir Daytona Beach, FL	3.0	2.0	1232	$1,800	$1.46	25d	1	1.27mi
1420 Alabama Ave Daytona Beach, FL	4.0	2.0	1367	$1,824	$1.33	20d	1	1.40mi
1235 Alcazar St Daytona Beach, FL	3.0	2.0	1498	$2,100	$1.40	25d	1	1.41mi
1559 Hammock Dr Unit B Holly Hill, FL	2.0	1.5	1100	$1,375	$1.25	15d	1	1.41mi
1435 Atlanta Dr Daytona Beach, FL	3.0	1.0	1200	$1,800	$1.50	25d	1	1.48mi
462 Magnolia St Ormond Beach, FL	3.0	2.0	1502	$2,100	$1.40	15d	1	1.50mi

Listing history 21 events

1. 2026-05-10
   status Pending
2. 2026-05-03
   price $239,000
3. 2026-05-02
   price $329,000
4. 2026-04-21
   listed $249,000 Active
5. 2026-04-20
   historical
6. 2026-04-20
   historical
7. 2026-04-11
   price $249,000
8. 2026-04-11
   price $249,000
9. 2026-03-14
   price $259,000
10. 2026-03-14
    price $259,000
11. 2026-02-05
    listed $267,000 Active
12. 2026-02-05
    listed $267,000 Active
13. 2007-11-01
    soldstatus $158,750
14. 2007-10-25
    soldstatus $158,750
15. 2007-07-20
    listed $167,000
16. 2006-10-26
    historical
17. 2005-09-25
    listed $206,900
18. 2005-06-08
    listed $229,900
19. 1985-09-01
    soldstatus $50,000
20. 1978-08-01
    soldstatus $42,900
21. 1975-01-01
    soldstatus $35,000

ⓘ 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: $801 · $67/mo
• Projected year-2 tax: $1,984 · $165/mo
• Expected delta: +$1,182/yr (+$99/mo · 147.5%)

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

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 57% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 10/10 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: $27,498
• − Mortgage interest: −$13,388
• − Property taxes: −$801
• − Insurance: −$1,195
• − Repairs & maintenance: −$2,200
• − Management: −$2,200
• − Depreciation: −$6,953
• Taxable income: $761
• Est. tax owed @ 24.0%: −$183
• After-tax cash flow: $4,504/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

+582.9% since first listed

21 events — show timeline

• 2026-05-10 Pending — Daytona MLS
• 2026-05-03 Price Changed $239,000 Daytona MLS
• 2026-05-02 Price Changed $329,000 Daytona MLS
• 2026-04-21 Listed $249,000 Daytona MLS
• 2026-04-20 Listing Removed — Daytona MLS
• 2026-04-20 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-04-11 Price Changed $249,000 Daytona MLS
• 2026-04-11 Price Changed $249,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-14 Price Changed $259,000 Daytona MLS
• 2026-03-14 Price Changed $259,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-05 Listed $267,000 Daytona MLS
• 2026-02-05 Listed $267,000 Stellar MLS as Distributed by MLS Grid
• 2007-11-01 Sold (Public Records) $158,750 Public Records
• 2007-10-25 Sold (MLS) $158,750 Daytona MLS
• 2007-07-20 Listed $167,000 Daytona MLS
• 2006-10-26 Listing Removed — Daytona MLS
• 2005-09-25 Listed $206,900 Daytona MLS
• 2005-06-08 Listed $229,900 Daytona MLS
• 1985-09-01 Sold (Public Records) $50,000 Public Records
• 1978-08-01 Sold (Public Records) $42,900 Public Records
• 1975-01-01 Sold (Public Records) $35,000 Public Records

Property tax history

+1.5%/yr

Latest (2025): $801 · +5.3% YoY. Source: county tax records.