2014 Dearing Ave · Deltona, FL 32725

$255,000

3 bd · 2.0 ba · 1,668 sqft · SingleFamily public records · 19 Days on market

Built 1981 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 +13.0/30.0
• ARV discount +7.5/15.0
• 1% rule +4.0/10.0
• DSCR +3.9/10.0
• Schools +3.9/10.0
• Livability +3.6/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

GREAT PRICE, 3-bedroom block home with large covered porch. Bank owned, sold as-is, pre qualification letter or proof of funds required with offer

Key facts

• Newer roof
• Above-ground pool
• 9,583 sq ft lot

Tags

• NEWER ROOF
• ABOVE-GROUND POOL
• PRIVATE FLORIDA RETREAT
• CONVENIENT DELTONA LOCATION

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $255k.

Deal economics

• At list price, monthly cash flow is $-13 ($-158/yr) — negative.
• To cash-flow at today's rent, offer at most $253k (0.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $230k (9.7% below list).
• Recommended offer: $230k (9.7% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 71/100 on livability (#381 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools 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.
• Market conditions: Rents flat; 415 active listings in the ZIP; 8 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 38% of the median local income ($73k/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 $8k 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 19 days — a 2% lower offer ($251k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 20y 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 $72k; list at $255k implies a 254% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• 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 $230,264 (9.7% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. 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?
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: 0.90% ✗
• Cap rate: 6.23%
• Cash-on-cash: -0.22%
• DSCR: 0.99
• GRM: 9.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.61% rent growth · sell at horizon

5-year hold

• IRR: -19.5%
• Equity multiple: 0.33×
• Total profit: $-47,489
• Equity at exit: $38,021

10-year hold

• IRR: -18.4%
• Equity multiple: 0.11×
• Total profit: $-63,269
• Equity at exit: $22,048

Cash invested: $71,400 (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 32725

• Rents YoY: 0.6%
• Active inventory: 415
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $2,303 high
• Mortgage (P&I): −$1,337
• Tax from tax record: −$389 /mo · $4,665/yr
• Insurance: −$106
• HOA: −$0
• Vacancy / Maint / Mgmt: −$484
• Net cashflow: $-13

Break-even live

Break-even rent $2,319

Max offer price $252,678

Occupancy floor 96%

Sensitivity live

Price	-10% $131	-5% $59	+0% $-13	+5% $-85	+10% $-157
Rent	-10% $-195	-5% $-104	+0% $-13	+5% $78	+10% $169
Rate	-1.0pp $115	-0.5pp $52	base $-13	+0.5pp $-79	+1.0pp $-146

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: $63,750
• Closing costs: $7,650
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1948 Tilburg Ave Deltona, FL	4.0	2.0	1420	$2,420	$1.70	25d	1	0.35mi
882 Trumbull St Deltona, FL	3.0	2.0	1403	$2,076	$1.48	12d	1	0.56mi
2125 El Campo Ave Deltona, FL	2.0	2.0	1358	$1,989	$1.46	22d	1	0.72mi
1317 Sterling Pointe Dr Deltona, FL	4.0	2.0	1903	$2,300	$1.21	15d	1	0.87mi
1430 Arbor Hill Dr Deltona, FL	4.0	2.0	1903	$2,250	$1.18	25d	1	0.90mi
2234 N Normandy Blvd Deltona, FL	3.0	2.0	1468	$2,150	$1.46	25d	1	1.02mi
1778 Belspring Ave Deltona, FL	4.0	2.0	1750	$2,100	$1.20	25d	1	1.13mi
1510 Falmouth Ave Deltona, FL	3.0	2.0	1474	$2,000	$1.36	25d	1	1.22mi

Listing history 13 events

1. 2026-04-29
   status Pending
2. 2026-04-15
   price $255,000
3. 2026-03-27
   listed $260,000 Active
4. 2009-03-27
   soldstatus $72,000 146-char remark

   Show marketing remark (146 chars)

   GREAT PRICE, 3-bedroom block home with large covered porch. Bank owned, sold as-is, pre qualification letter or proof of funds required with offer

5. 2009-02-25
   historical 146-char remark

   Show marketing remark (146 chars)

   GREAT PRICE, 3-bedroom block home with large covered porch. Bank owned, sold as-is, pre qualification letter or proof of funds required with offer

6. 2008-06-13
   listed $74,900 146-char remark

   Show marketing remark (146 chars)

   GREAT PRICE, 3-bedroom block home with large covered porch. Bank owned, sold as-is, pre qualification letter or proof of funds required with offer

7. 2006-08-31
   soldstatus $243,000
8. 2006-08-30
   historical
9. 2006-08-03
   listed $235,000
10. 2006-08-03
    soldstatus $235,000
11. 2006-07-09
    historical
12. 2006-04-24
    listed $204,900
13. 2000-07-19
    soldstatus $84,000

ⓘ 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: $4,665 · $389/mo
• Projected year-2 tax: $4,665 · $389/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: $27,632
• − Mortgage interest: −$14,284
• − Property taxes: −$4,665
• − Insurance: −$1,275
• − Repairs & maintenance: −$2,211
• − Management: −$2,211
• − Depreciation: −$7,418
• Taxable loss: −$4,431
• Est. tax savings @ 24.0%: +$1,064
• After-tax cash flow: $906/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 — Deltona

• Score: 71/100
• State rank: #381
• US rank: #6749

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Deltona, FL
• County: Volusia County · 556,871 people
• City population: 101,355
• Metro: Deltona-Daytona Beach-Ormond Beach, FL
• Population (ZIP): 51,987
• Household income: $73,152
• Rent vs Own: 21.3% rent · 78.7% own
• Severe rent burden: 1051.0

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 45% Hispanic / Latino 39% Two or more races 12% Black 10% Asian 3%
• Hispanic origin (detail): Mexican 3% Puerto Rican 23% Cuban 4% Dominican 3%
• Common ancestry: Romanian 1% Lithuanian 1% Serbian 1%
• Foreign-born: 13% · Canada, Jamaica, Vietnam
• Languages at home: 66% English-only · Spanish 30% 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: ▼ -195.58%
• Current HPI: 349.7999
• Rent YoY: ▲ 0.61%
• 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

+203.6% since first listed

13 events — show timeline

• 2026-04-29 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-15 Price Changed $255,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-27 Listed $260,000 Stellar MLS as Distributed by MLS Grid
• 2009-03-27 Sold (MLS) $72,000 Stellar MLS as Distributed by MLS Grid
• 2009-02-25 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2008-06-13 Listed $74,900 Stellar MLS as Distributed by MLS Grid
• 2006-08-31 Sold (Public Records) $243,000 Public Records
• 2006-08-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2006-08-03 Sold (Public Records) $235,000 Public Records
• 2006-08-03 Listed $235,000 Stellar MLS as Distributed by MLS Grid
• 2006-07-09 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2006-04-24 Listed $204,900 Stellar MLS as Distributed by MLS Grid
• 2000-07-19 Sold (Public Records) $84,000 Public Records

Property tax history

+7.4%/yr

Latest (2025): $4,665 · +6.1% YoY. Source: county tax records.