1536 Espanola Ave · Holly Hill, FL 32117

$134,900

3 bd · 1.0 ba · 1,523 sqft · SingleFamily public records · 41 Days on market

Built 1958 5,750 sqft lot

---

Why this score? — see what drove the B 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +3.9/10.0
• Livability +3.6/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

3BR/1BA block home in Holly Hill! Nice size living room, dining room and family room! Large front screened porch. Convenient location to shopping, restaurants and banking! All information taken from the tax roll and deemed reliable but not guaranteed.

Key facts

• Spacious layout
• 5,750 sq ft lot
• Built 1958

Tags

• SOLID STRUCTURAL FOUNDATION
• PRACTICAL LIVING SPACE
• SPACIOUS LAYOUT

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $879 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $135k).
• Recommended offer: $131k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 72/100 on livability (#325 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools F, 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 (+1.0%/yr); 332 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 3,402 units permitted in Volusia County in 2024 (681 in 5+ unit buildings).
• At $2,311/mo this rent would consume 49% of the median local household income ($56k/yr) (locally 1781% 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 $933 of loan paydown is wiped out by about $4k 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.
• At projected returns (-3.0% appreciation + 1.0% rent growth), your $38k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 41 days — a 3% lower offer ($131k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 27y 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 1958 — expect roof / HVAC / electrical / plumbing capex.
• 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 $130,853 (3.0% below list)

Questions for the listing agent

1. It's been on market 41 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1958 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. 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.
6. 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.
7. 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: 1.71% ✓
• Cap rate: 14.12%
• Cash-on-cash: 27.94%
• DSCR: 2.24
• GRM: 4.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.01% rent growth · sell at horizon

5-year hold

• IRR: 19.8%
• Equity multiple: 1.79×
• Total profit: $29,660
• Equity at exit: $20,114

10-year hold

• IRR: 26.7%
• Equity multiple: 3.12×
• Total profit: $80,240
• Equity at exit: $11,664

Cash invested: $37,772 (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 32117

• Home prices YoY: -8.2%
• Rents YoY: 1.0%
• Active inventory: 332
• Price-to-rent: 4.9×

Monthly cashflow live

• Estimated rent: $2,311 high
• Mortgage (P&I): −$707
• Tax from tax record: −$183 /mo · $2,195/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$485
• Net cashflow: $879

Break-even live

Break-even rent $1,198

Max offer price $134,900

Occupancy floor 57%

Sensitivity live

Price	-10% $956	-5% $918	+0% $879	+5% $841	+10% $803
Rent	-10% $697	-5% $788	+0% $879	+5% $971	+10% $1,062
Rate	-1.0pp $947	-0.5pp $914	base $879	+0.5pp $845	+1.0pp $809

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: $33,725
• Closing costs: $4,047
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
733 Buena Vista Ave Ormond Beach, FL	3.0	2.0	1485	$2,400	$1.62	24d	1	0.84mi
638 LPGA Blvd Unit B Daytona Beach, FL	3.0	2.0	1111	$2,490	$2.24	24d	1	0.86mi
1575 Megan Bay Cir Daytona Beach, FL	3.0	2.0	1232	$1,800	$1.46	24d	1	0.99mi
1014 Indian Oaks E Daytona Beach, FL	3.0	2.0	1500	$2,650	$1.77	24d	1	1.01mi
921 Daytona Ave Unit A Daytona Beach, FL	2.0	1.0	1100	$1,775	$1.61	24d	1	1.02mi
1559 Hammock Dr Unit B Holly Hill, FL	2.0	1.5	1100	$1,375	$1.25	14d	1	1.09mi
402 Fleming Ave Ormond Beach, FL	3.0	2.0	1495	$2,560	$1.71	21d	1	1.09mi
288 Boylston Ave Daytona Beach, FL	3.0	2.0	1320	$2,200	$1.67	24d	1	1.21mi
94 Ivanhoe Dr Ormond Beach, FL	3.0	2.0	2074	$4,500	$2.17	24d	1	1.28mi
217 Zelda Blvd Daytona Beach, FL	4.0	2.0	2196	$2,500	$1.14	14d	1	1.36mi
335 Seaview Ave Daytona Beach, FL	2.0	2.0	1075	$2,350	$2.19	24d	1	1.43mi
1235 Alcazar St Daytona Beach, FL	3.0	2.0	1498	$2,100	$1.40	24d	1	1.48mi

Listing history 28 events

1. 2026-04-02
   status Pending
2. 2026-02-20
   listed $134,900 Active
3. 2025-11-12
   price $150,000
4. 2025-11-12
   historical
5. 2025-07-29
   price $179,900
6. 2025-07-09
   status Active
7. 2025-06-02
   status Pending
8. 2025-03-21
   status Active
9. 2025-03-21
   price $190,000
10. 2024-10-30
    status Pending
11. 2024-10-30
    price $170,000
12. 2024-10-01
    price $199,900
13. 2024-09-18
    status Active
14. 2024-09-05
    status Pending
15. 2024-08-02
    price $209,900
16. 2024-06-23
    price $219,900
17. 2024-06-19
    price $229,900
18. 2024-06-03
    listed $239,900 Active
19. 2021-08-31
    soldstatus $175,000
20. 2016-05-02
    soldstatus $52,500
21. 2016-04-29
    soldstatus $52,500 Closed 254-char remark

    Show marketing remark (254 chars)

    3BR/1BA block home in Holly Hill! Nice size living room, dining room and family room! Large front screened porch. Convenient location to shopping, restaurants and banking! All information taken from the tax roll and deemed reliable but not guaranteed.

22. 2016-04-22
    status Pending 254-char remark

    Show marketing remark (254 chars)

    3BR/1BA block home in Holly Hill! Nice size living room, dining room and family room! Large front screened porch. Convenient location to shopping, restaurants and banking! All information taken from the tax roll and deemed reliable but not guaranteed.

23. 2016-04-07
    historical Contingent 254-char remark

    Show marketing remark (254 chars)

    3BR/1BA block home in Holly Hill! Nice size living room, dining room and family room! Large front screened porch. Convenient location to shopping, restaurants and banking! All information taken from the tax roll and deemed reliable but not guaranteed.

24. 2016-04-01
    listed $49,900 Active 254-char remark

    Show marketing remark (254 chars)

    3BR/1BA block home in Holly Hill! Nice size living room, dining room and family room! Large front screened porch. Convenient location to shopping, restaurants and banking! All information taken from the tax roll and deemed reliable but not guaranteed.

25. 2000-10-09
    soldstatus $64,500
26. 2000-10-03
    soldstatus $64,500
27. 1999-07-20
    listed $66,900
28. 1992-11-01
    soldstatus $50,900

ⓘ 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: $2,195 · $183/mo
• Projected year-2 tax: $2,195 · $183/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 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥104°F today · 20 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,738
• − Mortgage interest: −$7,556
• − Property taxes: −$2,195
• − Insurance: −$674
• − Repairs & maintenance: −$2,219
• − Management: −$2,219
• − Depreciation: −$3,924
• Taxable income: $8,949
• Est. tax owed @ 24.0%: −$2,148
• After-tax cash flow: $8,406/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 — Holly Hill

• Score: 72/100
• State rank: #325
• US rank: #5737

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Holly Hill, FL
• County: Volusia County · 556,871 people
• Metro: Deltona-Daytona Beach-Ormond Beach, FL
• Population (ZIP): 30,955
• Household income: $56,419
• Rent vs Own: 52.3% rent · 47.7% own
• Severe rent burden: 1781.0

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: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: White 53% Black 27% Hispanic / Latino 10% Two or more races 9% Asian 3%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3%
• Common ancestry: Romanian 2% Lithuanian 2% Slovak 1%
• Foreign-born: 8% · Canada, Vietnam, Jamaica
• Languages at home: 86% English-only · Spanish 8% Vietnamese 1% Other Indo-European 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: ▼ -96.62%
• Current HPI: 1084.54
• Rent YoY: ▲ 1.01%
• 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

+165.0% since first listed

28 events — show timeline

• 2026-04-02 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-02-20 Listed $134,900 Stellar MLS as Distributed by MLS Grid
• 2025-11-12 Price Changed $150,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-12 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-07-29 Price Changed $179,900 Stellar MLS as Distributed by MLS Grid
• 2025-07-09 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-06-02 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-03-21 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-03-21 Price Changed $190,000 Stellar MLS as Distributed by MLS Grid
• 2024-10-30 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-10-30 Price Changed $170,000 Stellar MLS as Distributed by MLS Grid
• 2024-10-01 Price Changed $199,900 Stellar MLS as Distributed by MLS Grid
• 2024-09-18 Relisted — Stellar MLS as Distributed by MLS Grid
• 2024-09-05 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-08-02 Price Changed $209,900 Stellar MLS as Distributed by MLS Grid
• 2024-06-23 Price Changed $219,900 Stellar MLS as Distributed by MLS Grid
• 2024-06-19 Price Changed $229,900 Stellar MLS as Distributed by MLS Grid
• 2024-06-03 Listed $239,900 Stellar MLS as Distributed by MLS Grid
• 2021-08-31 Sold (Public Records) $175,000 Public Records
• 2016-05-02 Sold (Public Records) $52,500 Public Records
• 2016-04-29 Sold (MLS) $52,500 Daytona MLS
• 2016-04-22 Pending — Daytona MLS
• 2016-04-07 Contingent — Daytona MLS
• 2016-04-01 Listed $49,900 Daytona MLS
• 2000-10-09 Sold (Public Records) $64,500 Public Records
• 2000-10-03 Sold (MLS) $64,500 Daytona MLS
• 1999-07-20 Listed $66,900 Daytona MLS
• 1992-11-01 Sold (Public Records) $50,900 Public Records

Property tax history

+5.4%/yr

Latest (2025): $2,195 · +3.0% YoY. Source: county tax records.