760 Santa Ana Ave · Ormond Beach, FL 32174

$199,900

3 bd · 1.0 ba · 912 sqft · SingleFamily public records · 62 Days on market

Built 1950 0.29 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 +18.3/30.0
• ARV discount +7.5/15.0
• DSCR +5.8/10.0
• 1% rule +4.2/10.0
• 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 MLS

If you have been thinking of relocating to Ormond Beach area, downsizing, or becoming a snowbird, then this home checks all the boxes. This completely renovated home is located across from The Riviera Golf and Country Club and is just minutes from shopping, dining, beaches and the Atlantic Ocean. Homes like this in this location and price point are rare. Spacious, tree-filled 1/3 acre lot with plenty of room for several cars, RV and/or boat. This 3-bedroom, 1-bath, 1,164-square-foot home is in a family-friendly neighborhood with NO HOA and is MOVE-IN ready. Major upgrades include a new roof, partially upgraded electrical and plumbing, new flooring and fresh paint in and out. The home also features a separate laundry room and a large bonus room with its own entrance, perfect for a home office or family room. Individual smart mini-split heating and cooling units in each bedroom, the living room, and the kitchen. This home would also make the perfect rental.

Key facts

• New flooring
• New roof
• 0.29 acre lot

Tags

• COMPLETELY RENOVATED HOME
• TREE-FILLED 1/3 ACRE LOT
• NEW ROOF
• PARTIALLY UPGRADED ELECTRICAL
• PARTIALLY UPGRADED PLUMBING
• NEW FLOORING

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $185 ($2k/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 $183k (8.5% below list).
• Recommended offer: $183k (8.5% below list) — sets the bar for 1% rule.
• Cap rate 7.4% 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; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 20d 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 31% 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 $6k 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 62 days — a 6% lower offer ($188k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts 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 $80k; list at $200k implies a 150% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $182,917 (8.5% below list)

Questions for the listing agent

1. It's been on market 62 days. Have you received any prior offers? Is the seller open to a 8% concession, seller financing, or rate buy-down credit?
2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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: 0.92% ✗
• Cap rate: 7.40%
• Cash-on-cash: 3.96%
• DSCR: 1.18
• GRM: 9.1

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: -11.6%
• Equity multiple: 0.59×
• Total profit: $-23,152
• Equity at exit: $29,806

10-year hold

• IRR: -4.3%
• Equity multiple: 0.73×
• Total profit: $-15,073
• Equity at exit: $17,284

Cash invested: $55,972 (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: 9.1×

Monthly cashflow live

• Estimated rent: $1,829 high
• Mortgage (P&I): −$1,048
• Tax from tax record: −$129 /mo · $1,546/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$384
• Net cashflow: $185

Break-even live

Break-even rent $1,596

Max offer price $199,900

Occupancy floor 85%

Sensitivity live

Price	-10% $298	-5% $241	+0% $185	+5% $128	+10% $71
Rent	-10% $40	-5% $112	+0% $185	+5% $257	+10% $329
Rate	-1.0pp $285	-0.5pp $235	base $185	+0.5pp $133	+1.0pp $80

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: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1707 Evergreen St Ormond Beach, FL	2.0	1.0	868	$1,750	$2.02	24d	1	0.58mi
410 Sauls St Ormond Beach, FL	3.0	1.0	990	$1,500	$1.52	24d	1	0.65mi
1563 Hancock Ln Daytona Beach, FL	2.0	2.0	912	$1,475	$1.62	11d	1	0.75mi
946 15th St Daytona Beach, FL	2.0	2.0	1010	$1,500	$1.49	24d	1	0.81mi
1559 Hammock Dr Unit B Holly Hill, FL	2.0	1.5	1100	$1,375	$1.25	14d	1	0.93mi
1615 Derbyshire Rd Daytona Beach, FL	3.0	1.5	1000	$1,950	$1.95	14d	1	1.06mi
900 LPGA Blvd Daytona Beach, FL	1.0–2.0	1.0–2.0	885	$1,495	$1.69	14d	14	1.23mi
1521 Moravia Ave Daytona Beach, FL	2.0	2.0	700	$2,000	$2.86	19d	1	1.28mi
1355 Hiawatha Ave Daytona Beach, FL	2.0	1.0	780	$1,675	$2.15	14d	1	1.29mi
638 LPGA Blvd Unit B Daytona Beach, FL	3.0	2.0	1111	$2,490	$2.24	24d	1	1.33mi

Listing history 37 events

1. 2026-06-18
   days on market $199,900 Active 62 DOM
2. 2026-06-17
   days on market $199,900 Active 61 DOM
3. 2026-06-16
   days on market $199,900 Active 60 DOM
4. 2026-06-15
   days on market $199,900 Active 59 DOM
5. 2026-06-14
   days on market $199,900 Active 57 DOM
6. 2026-06-10
   days on market $199,900 Active 54 DOM
7. 2026-06-09
   days on market $199,900 Active 53 DOM
8. 2026-06-08
   days on market $199,900 Active 52 DOM
9. 2026-06-07
   days on market $199,900 Active 51 DOM
10. 2026-06-05
    days on market $199,900 Active 48 DOM
11. 2026-06-03
    days on market $199,900 Active 47 DOM
12. 2026-06-03
    days on market $199,900 Active 46 DOM
13. 2026-06-01
    days on market $199,900 Active 45 DOM
14. 2026-05-31
    days on market $199,900 Active 44 DOM
15. 2026-05-31
    days on market $199,900 Active 43 DOM
16. 2026-04-14
    listed $199,900 Active 969-char remark

    Show marketing remark (969 chars)

    If you have been thinking of relocating to Ormond Beach area, downsizing, or becoming a snowbird, then this home checks all the boxes. This completely renovated home is located across from The Riviera Golf and Country Club and is just minutes from shopping, dining, beaches and the Atlantic Ocean. Homes like this in this location and price point are rare. Spacious, tree-filled 1/3 acre lot with plenty of room for several cars, RV and/or boat. This 3-bedroom, 1-bath, 1,164-square-foot home is in a family-friendly neighborhood with NO HOA and is MOVE-IN ready. Major upgrades include a new roof, partially upgraded electrical and plumbing, new flooring and fresh paint in and out. The home also features a separate laundry room and a large bonus room with its own entrance, perfect for a home office or family room. Individual smart mini-split heating and cooling units in each bedroom, the living room, and the kitchen. This home would also make the perfect rental.

17. 2026-04-13
    historical
18. 2026-04-06
    historical
19. 2026-03-26
    price $215,000
20. 2026-02-14
    listed $225,900 Active
21. 2026-02-13
    historical
22. 2026-02-12
    listed $225,900 Active
23. 2026-01-27
    listed $237,500 Active
24. 2026-01-27
    historical
25. 2026-01-05
    price $249,900
26. 2025-11-05
    listed $259,900 Active
27. 2025-04-17
    soldstatus $80,000 Closed
28. 2025-04-17
    soldstatus $80,000 Closed
29. 2025-03-22
    status Pending
30. 2025-03-22
    status Pending
31. 2025-03-15
    price $70,000
32. 2025-03-15
    price $70,000
33. 2025-01-29
    listed $97,500 Active
34. 2025-01-29
    status Active
35. 2025-01-19
    status Pending
36. 2025-01-06
    listed $97,500 Active
37. 1992-04-01
    soldstatus $32,000

ⓘ 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: $1,546 · $129/mo
• Projected year-2 tax: $1,659 · $138/mo
• Expected delta: +$113/yr (+$9/mo · 7.3%)

ⓘ 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) · 51% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥105°F today · 19 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: $21,950
• − Mortgage interest: −$11,198
• − Property taxes: −$1,546
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,756
• − Management: −$1,756
• − Depreciation: −$5,815
• Taxable loss: −$1,121
• Est. tax savings @ 24.0%: +$269
• After-tax cash flow: $2,484/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

+524.7% since first listed

22 events — show timeline

• 2026-04-14 Listed $199,900 Daytona MLS
• 2026-04-13 Listing Removed — Daytona MLS
• 2026-04-06 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-03-26 Price Changed $215,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-14 Listed $225,900 Stellar MLS as Distributed by MLS Grid
• 2026-02-13 Listing Removed — realMLS
• 2026-02-12 Listed $225,900 Daytona MLS
• 2026-01-27 Listing Removed — Daytona MLS
• 2026-01-27 Listed $237,500 realMLS
• 2026-01-05 Price Changed $249,900 Daytona MLS
• 2025-11-05 Listed $259,900 Daytona MLS
• 2025-04-17 Sold (MLS) $80,000 Daytona MLS
• 2025-04-17 Sold (MLS) $80,000 Stellar MLS as Distributed by MLS Grid
• 2025-03-22 Pending — Daytona MLS
• 2025-03-22 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-03-15 Price Changed $70,000 Daytona MLS
• 2025-03-15 Price Changed $70,000 Stellar MLS as Distributed by MLS Grid
• 2025-01-29 Listed $97,500 Daytona MLS
• 2025-01-29 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-01-19 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-01-06 Listed $97,500 Stellar MLS as Distributed by MLS Grid
• 1992-04-01 Sold (Public Records) $32,000 Public Records

Property tax history

+18.9%/yr

Latest (2025): $1,546 · -20.0% YoY. Source: county tax records.