360 W Central Ave · Orange City, FL 32763

$229,000

3 bd · 1.5 ba · 1,004 sqft · SingleFamily public records · 9 Days on market

Built 1945 0.43 ac 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 +14.2/30.0
• ARV discount +7.5/15.0
• DSCR +4.3/10.0
• Schools +3.9/10.0
• Rent growth +3.8/5.0
• Livability +3.6/5.0
• 1% rule +3.3/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Fully Restored and Updated Cottage style home nestled on a huge 1/4 lot on a lovely road in Orange City. Truly perfect starter or retirement home in turnkey condition with all appliances included. Brand New Metal Roof with transferring warranty, Refinished solid wood floors throughout, Modern kitchen with quality cabinets and corian counters, Gas range , Full sized refridgerator, dishwasher and microwave. Stainless steel double sink with disposal. upgraded aluminium windows, gas water heater. Fully Repainted inside and out, ceiling fans in every room, upgraded lighting , inside laundry, dryer and washer with 1/2 bath WC and sink, Master and second bedroom with closets, open plan and all on one level. Single covered carport attached, treed 1/4 acre corner lot, no HOA and low RE taxes. Truly one of a kind, Broker Owner Sale. Be Quick.

Key facts

• 0.43 acre lot
• Parking
• Built 1945

Property features AI

Finance

• Other: No lease restrictions indicated
• HOA & community: Not in a subdivision; No HOA association indicated

Exterior

• Parking: Off-street parking; Carport (1 space)
• Utilities: Public sewer; Water connected; Electricity connected; Natural gas connected; Cable available; No water source listed
• Home design: Single-family residence; One story; Faces south
• Construction: Vinyl siding with frame construction; Metal roof; Crawlspace foundation; Built on approximately 0.41-acre lot (177 x 107)
• Exterior features: Corner lot in city limits; Oversized, paved lot; Shed(s)

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Electric water heater
• Bedrooms: 3 bedrooms
• Flooring: Wood flooring
• Bathrooms: 1 full bath; 1 half bath
• Heating & cooling: Central heating (electric and natural gas); Central air conditioning
• Interior features: Ceiling fans; Open floor plan
• Laundry & utility: Laundry room with washer and dryer hookups (electric and gas)

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $229k.

Deal economics

• At list price, monthly cash flow is $39 ($467/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 $190k (17.0% below list).
• Recommended offer: $190k (17.0% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 71/100 on livability (#406 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D+, 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.
• Zoned schools: Orange City Elementary School (math 35% / reading 43%, grade F, #1,560 of 2,144 statewide, top 73%, 615 students, 68% FRL); River Springs Middle School (math 45% / reading 46%, grade D+, #305 of 571 statewide, top 54%, 1,249 students, 50% FRL); University High School (math 28% / reading 46%, grade F, #340 of 667 statewide, top 52%, 2,901 students, 49% FRL) — zoned schools at 55% FRL track the district average.
• Market conditions: Rents rising fast (+5.2%/yr); 244 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 26d 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 34% of the median local income ($67k/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

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
• 9 sale attempts since 19y 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 1945 — expect roof / HVAC / electrical / plumbing capex.
• 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 $190,120 (17.0% below list)

Questions for the listing agent

1. Built in 1945 — 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. 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?
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: 0.83% ✗
• Cap rate: 6.50%
• Cash-on-cash: 0.73%
• DSCR: 1.03
• GRM: 10.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 5.22% rent growth · sell at horizon

5-year hold

• IRR: -12.9%
• Equity multiple: 0.53×
• Total profit: $-30,332
• Equity at exit: $34,145

10-year hold

• IRR: -1.0%
• Equity multiple: 0.93×
• Total profit: $-4,761
• Equity at exit: $19,800

Cash invested: $64,120 (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 32763

• Rents YoY: 5.2%
• Active inventory: 244
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $1,901 high
• Mortgage (P&I): −$1,201
• Tax from tax record: −$167 /mo · $2,000/yr
• Insurance: −$95
• HOA: −$0
• Vacancy / Maint / Mgmt: −$399
• Net cashflow: $39

Break-even live

Break-even rent $1,852

Max offer price $229,000

Occupancy floor 93%

Sensitivity live

Price	-10% $169	-5% $104	+0% $39	+5% $-26	+10% $-91
Rent	-10% $-111	-5% $-36	+0% $39	+5% $114	+10% $189
Rate	-1.0pp $154	-0.5pp $97	base $39	+0.5pp $-20	+1.0pp $-81

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: $57,250
• Closing costs: $6,870
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
505 Patlin Ave Orange City, FL	2.0	1.5	1022	$1,600	$1.57	25d	1	0.20mi
345 E Ohio Ave #345 Orange City, FL	2.0	2.0	1006	$1,697	$1.69	25d	1	0.79mi
221 Edwards Ave Orange City, FL	4.0	2.0	1272	$1,880	$1.48	16d	1	0.93mi
258 Charles Ave Orange City, FL	3.0	2.0	1103	$1,950	$1.77	25d	1	1.23mi
261 Dogwood Ave Orange City, FL	3.0	2.0	1300	$1,875	$1.44	21d	1	1.24mi
1490 2nd St Orange City, FL	3.0	2.0	1200	$2,000	$1.67	12d	1	1.34mi
835 Lancaster Ave Orange City, FL	3.0	2.0	1211	$2,150	$1.78	25d	1	1.41mi

Listing history 29 events

1. 2026-05-18
   status Pending 1031-char remark
2. 2026-05-08
   listed $229,000 Active 1031-char remark
3. 2026-02-06
   soldstatus $205,000
4. 2026-02-05
   soldstatus $205,000 Closed 844-char remark

   Show marketing remark (844 chars)

   Fully Restored and Updated Cottage style home nestled on a huge 1/4 lot on a lovely road in Orange City. Truly perfect starter or retirement home in turnkey condition with all appliances included. Brand New Metal Roof with transferring warranty, Refinished solid wood floors throughout, Modern kitchen with quality cabinets and corian counters, Gas range , Full sized refridgerator, dishwasher and microwave. Stainless steel double sink with disposal. upgraded aluminium windows, gas water heater. Fully Repainted inside and out, ceiling fans in every room, upgraded lighting , inside laundry, dryer and washer with 1/2 bath WC and sink, Master and second bedroom with closets, open plan and all on one level. Single covered carport attached, treed 1/4 acre corner lot, no HOA and low RE taxes. Truly one of a kind, Broker Owner Sale. Be Quick.

5. 2026-01-29
   status Pending 844-char remark

   Show marketing remark (844 chars)

   Fully Restored and Updated Cottage style home nestled on a huge 1/4 lot on a lovely road in Orange City. Truly perfect starter or retirement home in turnkey condition with all appliances included. Brand New Metal Roof with transferring warranty, Refinished solid wood floors throughout, Modern kitchen with quality cabinets and corian counters, Gas range , Full sized refridgerator, dishwasher and microwave. Stainless steel double sink with disposal. upgraded aluminium windows, gas water heater. Fully Repainted inside and out, ceiling fans in every room, upgraded lighting , inside laundry, dryer and washer with 1/2 bath WC and sink, Master and second bedroom with closets, open plan and all on one level. Single covered carport attached, treed 1/4 acre corner lot, no HOA and low RE taxes. Truly one of a kind, Broker Owner Sale. Be Quick.

6. 2026-01-25
   status Active 844-char remark

   Show marketing remark (844 chars)

   Fully Restored and Updated Cottage style home nestled on a huge 1/4 lot on a lovely road in Orange City. Truly perfect starter or retirement home in turnkey condition with all appliances included. Brand New Metal Roof with transferring warranty, Refinished solid wood floors throughout, Modern kitchen with quality cabinets and corian counters, Gas range , Full sized refridgerator, dishwasher and microwave. Stainless steel double sink with disposal. upgraded aluminium windows, gas water heater. Fully Repainted inside and out, ceiling fans in every room, upgraded lighting , inside laundry, dryer and washer with 1/2 bath WC and sink, Master and second bedroom with closets, open plan and all on one level. Single covered carport attached, treed 1/4 acre corner lot, no HOA and low RE taxes. Truly one of a kind, Broker Owner Sale. Be Quick.

7. 2026-01-24
   status Pending 844-char remark

   Show marketing remark (844 chars)

   Fully Restored and Updated Cottage style home nestled on a huge 1/4 lot on a lovely road in Orange City. Truly perfect starter or retirement home in turnkey condition with all appliances included. Brand New Metal Roof with transferring warranty, Refinished solid wood floors throughout, Modern kitchen with quality cabinets and corian counters, Gas range , Full sized refridgerator, dishwasher and microwave. Stainless steel double sink with disposal. upgraded aluminium windows, gas water heater. Fully Repainted inside and out, ceiling fans in every room, upgraded lighting , inside laundry, dryer and washer with 1/2 bath WC and sink, Master and second bedroom with closets, open plan and all on one level. Single covered carport attached, treed 1/4 acre corner lot, no HOA and low RE taxes. Truly one of a kind, Broker Owner Sale. Be Quick.

8. 2026-01-16
   listed $219,950 Active 844-char remark

   Show marketing remark (844 chars)

   Fully Restored and Updated Cottage style home nestled on a huge 1/4 lot on a lovely road in Orange City. Truly perfect starter or retirement home in turnkey condition with all appliances included. Brand New Metal Roof with transferring warranty, Refinished solid wood floors throughout, Modern kitchen with quality cabinets and corian counters, Gas range , Full sized refridgerator, dishwasher and microwave. Stainless steel double sink with disposal. upgraded aluminium windows, gas water heater. Fully Repainted inside and out, ceiling fans in every room, upgraded lighting , inside laundry, dryer and washer with 1/2 bath WC and sink, Master and second bedroom with closets, open plan and all on one level. Single covered carport attached, treed 1/4 acre corner lot, no HOA and low RE taxes. Truly one of a kind, Broker Owner Sale. Be Quick.

9. 2025-09-19
   soldstatus $39,000 Closed

   Show marketing remark (659 chars)

   Investor Special – Orange City - Huge LOT (. 45acres) - 360 Central Ave. presents a unique opportunity for investors, contractors, or buyers ready to take on a full renovation project. This property sustained significant damage during a recent hurricane and will require extensive repairs before it can be brought back to life. The home sits in a convenient Orange City location with easy access to I-4, shopping, and dining. Whether you’re looking to rebuild, renovate, or hold as a long-term investment, this property offers strong potential at an attractive entry point. Property is being sold as-is with no repairs or warranties by the seller.

10. 2025-09-02
    status Pending

    Show marketing remark (659 chars)

    Investor Special – Orange City - Huge LOT (. 45acres) - 360 Central Ave. presents a unique opportunity for investors, contractors, or buyers ready to take on a full renovation project. This property sustained significant damage during a recent hurricane and will require extensive repairs before it can be brought back to life. The home sits in a convenient Orange City location with easy access to I-4, shopping, and dining. Whether you’re looking to rebuild, renovate, or hold as a long-term investment, this property offers strong potential at an attractive entry point. Property is being sold as-is with no repairs or warranties by the seller.

11. 2025-09-01
    listed $75,000 Active

    Show marketing remark (659 chars)

    Investor Special – Orange City - Huge LOT (. 45acres) - 360 Central Ave. presents a unique opportunity for investors, contractors, or buyers ready to take on a full renovation project. This property sustained significant damage during a recent hurricane and will require extensive repairs before it can be brought back to life. The home sits in a convenient Orange City location with easy access to I-4, shopping, and dining. Whether you’re looking to rebuild, renovate, or hold as a long-term investment, this property offers strong potential at an attractive entry point. Property is being sold as-is with no repairs or warranties by the seller.

12. 2020-05-08
    soldstatus $143,000
13. 2020-05-06
    soldstatus $143,000 Sold
14. 2020-04-07
    status Pending
15. 2020-04-01
    price $147,000
16. 2020-04-01
    status Active
17. 2020-03-06
    status Pending
18. 2020-03-03
    listed $145,000 Active
19. 2017-11-27
    soldstatus $55,000 Sold
20. 2017-10-30
    status Pending
21. 2017-10-23
    price $59,900
22. 2017-10-04
    status Active
23. 2017-09-28
    status Pending
24. 2017-09-24
    listed $69,900 Active
25. 2007-10-08
    soldstatus $76,000
26. 2007-10-05
    soldstatus $76,000
27. 2007-08-20
    historical
28. 2007-08-13
    listed $84,900
29. 1974-10-01
    soldstatus $10,000

ⓘ 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: $2,000 · $167/mo
• Projected year-2 tax: $2,000 · $167/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 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,814
• − Mortgage interest: −$12,828
• − Property taxes: −$2,000
• − Insurance: −$1,145
• − Repairs & maintenance: −$1,825
• − Management: −$1,825
• − Depreciation: −$6,662
• Taxable loss: −$3,471
• Est. tax savings @ 24.0%: +$833
• After-tax cash flow: $1,300/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 — Orange City

• Score: 71/100
• State rank: #406
• US rank: #7175

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Orange City, FL
• County: Volusia County · 556,871 people
• City population: 24,951
• Metro: Deltona-Daytona Beach-Ormond Beach, FL
• Population (ZIP): 24,951
• Household income: $66,716
• Rent vs Own: 35.3% rent · 64.7% own
• Severe rent burden: 1544.0

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 (71%)
• Race & ethnicity: White 71% Hispanic / Latino 18% Two or more races 7% Black 7% Asian 1%
• Hispanic origin (detail): Puerto Rican 12%
• Common ancestry: Slovak 2% Romanian 2% Lithuanian 2%
• Foreign-born: 6% · Canada, Vietnam
• Languages at home: 85% English-only · Spanish 12% Russian/Polish/Slavic 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: ▼ -225.13%
• Current HPI: 335.8393
• Rent YoY: ▲ 5.22%
• 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

+2190.0% since first listed

29 events — show timeline

• 2026-05-18 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-08 Listed $229,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-06 Sold (Public Records) $205,000 Public Records
• 2026-02-05 Sold (MLS) $205,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-29 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-01-25 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-01-24 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-01-16 Listed $219,950 Stellar MLS as Distributed by MLS Grid
• 2025-09-19 Sold (MLS) $39,000 Stellar MLS as Distributed by MLS Grid
• 2025-09-02 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-09-01 Listed $75,000 Stellar MLS as Distributed by MLS Grid
• 2020-05-08 Sold (Public Records) $143,000 Public Records
• 2020-05-06 Sold (MLS) $143,000 Stellar MLS as Distributed by MLS Grid
• 2020-04-07 Pending — Stellar MLS as Distributed by MLS Grid
• 2020-04-01 Price Changed $147,000 Stellar MLS as Distributed by MLS Grid
• 2020-04-01 Relisted — Stellar MLS as Distributed by MLS Grid
• 2020-03-06 Pending — Stellar MLS as Distributed by MLS Grid
• 2020-03-03 Listed $145,000 Stellar MLS as Distributed by MLS Grid
• 2017-11-27 Sold (MLS) $55,000 Stellar MLS as Distributed by MLS Grid
• 2017-10-30 Pending — Stellar MLS as Distributed by MLS Grid
• 2017-10-23 Price Changed $59,900 Stellar MLS as Distributed by MLS Grid
• 2017-10-04 Relisted — Stellar MLS as Distributed by MLS Grid
• 2017-09-28 Pending — Stellar MLS as Distributed by MLS Grid
• 2017-09-24 Listed $69,900 Stellar MLS as Distributed by MLS Grid
• 2007-10-08 Sold (Public Records) $76,000 Public Records
• 2007-10-05 Sold (MLS) $76,000 Stellar MLS as Distributed by MLS Grid
• 2007-08-20 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2007-08-13 Listed $84,900 Stellar MLS as Distributed by MLS Grid
• 1974-10-01 Sold (Public Records) $10,000 Public Records

Property tax history

+23.5%/yr

Latest (2025): $2,000 · +6.6% YoY. Source: county tax records.