Windsor Plan · Ormond Beach, FL 32174

$279,990

3 bd · 2.5 ba · 1,808 sqft · SingleFamily · 165 Days on market

Good condition 2-car garage

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Why this score? — see what drove the F 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).

• ARV discount +7.5/15.0
• Cash flow +6.1/30.0
• Schools +5.8/10.0
• Livability +4.2/5.0
• Condition / age +4.0/5.0
• Rent growth +2.9/5.0
• 1% rule +1.4/10.0
• DSCR +0.5/10.0
• Appreciation +0.0/10.0

Listing remarks

At the heart of this open-concept main level, the kitchen boasts an island perfect for entertaining. Upstairs, enjoy a convenient laundry room and loft. The primary suite features a generous walk-in closet and bath.

Key facts

• Primary suite bath
• Loft
• Walk-in closet

Tags

• OPEN-CONCEPT MAIN LEVEL
• KITCHEN ISLAND
• CONVENIENT LAUNDRY ROOM
• LOFT
• WALK-IN CLOSET
• PRIMARY SUITE BATH

🏗️ New construction. The $279,990 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $360,000.

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $280k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-669 ($-8k/yr) — negative.
• To cash-flow at today's rent, offer at most $263k (6.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $230k (17.8% below list).
• Recommended offer: $230k (17.8% below list) — sets the bar for 1% rule.

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); Seabreeze High School (math 31% / reading 56%, grade F, #248 of 667 statewide, top 38%, 1,654 students, 41% FRL).
• Market conditions: Rents rising (+1.6%/yr); 1687 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals lingering (median 52d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $11k 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 165 days — a 12% lower offer ($246k) is reasonable based on typical stale-listing flexibility.

Recommended offer $230,192 (17.8% 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. It's been on market 165 days. Have you received any prior offers? Is the seller open to a 18% concession, seller financing, or rate buy-down credit?
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: 0.64% ✗
• Cap rate: 4.06%
• Cash-on-cash: -7.97%
• DSCR: 0.65
• GRM: 13.0

CMA / ARV

• ARV (median comp): $360,000
• List price: $279,990
• Delta: -22.23%
• Verdict: UNDERPRICED
• Comps: 11 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1308 Oakhaven Ave	0.06mi	4/2.0 (+1)	1,908 (+6%)	1mo	$360,000	$189	80
11 Needles Ln	0.61mi	3/2.0	1,759 (-3%)	3mo	$440,000	$250	62
168 Parkhaven Dr	0.32mi	3/2.0	1,572 (-13%)	2mo	$304,740	$194	59
176 Parkhaven Dr	0.33mi	3/2.0	1,572 (-13%)	2mo	$295,000	$188	59
179 Parkhaven Dr	0.31mi	3/2.0	1,572 (-13%)	3mo	$299,990	$191	59

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.64% rent growth · sell at horizon

5-year hold

• IRR: -31.8%
• Equity multiple: -0.03×
• Total profit: $-104,040
• Equity at exit: $53,677

10-year hold

• IRR: -44.2%
• Equity multiple: -0.57×
• Total profit: $-157,759
• Equity at exit: $31,126

Cash invested: $100,800 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 31 active · 18 under contract
• Months of supply: 15.5 mo (6%/mo absorbed)
• Median asking: $325,000 ($198/sqft)
• Median days on market: 462 d
• This list price: 16% of active listings are priced below it
• ARV vs active asking: +0.8% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 32174

• Rents YoY: 1.6%
• Active inventory: 1687
• Price-to-rent: 10.1×

Monthly cashflow live

• Estimated rent: $2,302 high
• Mortgage (P&I): −$1,888
• Tax est. 1.5%: −$450 /mo · $5,400/yr
• Insurance: −$150
• HOA: −$0
• Vacancy / Maint / Mgmt: −$483
• Net cashflow: $-669

Break-even live

Break-even rent $3,149

Max offer price $263,143

Occupancy floor —

Sensitivity live

Price	-10% $-421	-5% $-545	+0% $-669	+5% $-794	+10% $-918
Rent	-10% $-851	-5% $-760	+0% $-669	+5% $-578	+10% $-488
Rate	-1.0pp $-488	-0.5pp $-578	base $-669	+0.5pp $-763	+1.0pp $-858

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: $90,000
• Closing costs: $10,800
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
80 Bella Vita Way Ormond Beach, FL	3.0	2.5	1736	$2,100	$1.21	51d	1	0.40mi
12 Bella Vita Way Ormond Beach, FL	3.0	2.5	1687	$2,000	$1.19	107d	1	0.40mi
150 Limewood Pl #2 Ormond Beach, FL	2.0	2.5	1316	$1,750	$1.33	51d	1	0.46mi
19 Old Port Cir Ormond Beach, FL	3.0	2.0	2015	$2,500	$1.24	133d	1	0.89mi
58 Timucuan Dr Ormond Beach, FL	3.0	2.0	1611	$2,395	$1.49	10d	1	0.92mi
58 Timucuan Dr Ormond Beach, FL	3.0	2.0	1611	$2,395	$1.49	51d	1	0.92mi
3272 Arch Ave Ormond Beach, FL	4.0	3.0	2361	$2,950	$1.25	10d	1	1.00mi
3272 Arch Ave Ormond Beach, FL	4.0	3.0	2361	$2,950	$1.25	123d	1	1.00mi
24 Lakecliff Dr Ormond Beach, FL	3.0	2.0	2156	$2,400	$1.11	41d	1	1.27mi
3389 Arch Ave Ormond Beach, FL	4.0	3.0	2361	$3,000	$1.27	36d	1	1.30mi
31 W Grande Rd Ormond Beach, FL	3.0	2.5	1674	$1,999	$1.19	1d	1	1.46mi
23 W Grande Rd Ormond Beach, FL	3.0	2.5	1530	$1,999	$1.31	1d	1	1.47mi

Property features AI

Finance

• Financial info: List price: $282,870

Exterior

• Parking: 2-car garage / 2 total parking spaces
• Home design: Single-family plan homeLocated in Ormond Beach, FL
• Exterior features: Living area of 1,808 (living area value provided)

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms and 1 half bathroom
• Interior features: Plan: Windsor (new construction plan)

Listing history 50 events

1. 2026-11-08
   days on market $279,990 Active 165 DOM
2. 2026-11-07
   days on market $279,990 Active 164 DOM
3. 2026-11-06
   pricedays on market $279,990 Active 163 DOM
4. 2026-11-05
   days on market $282,990 Active 162 DOM
5. 2026-11-04
   days on market $282,990 Active 161 DOM
6. 2026-11-02
   days on market $282,990 Active 159 DOM
7. 2026-11-01
   days on market $282,990 Active 158 DOM
8. 2026-10-31
   days on market $282,990 Active 157 DOM
9. 2026-10-30
   days on market $282,990 Active 156 DOM
10. 2026-10-29
    days on market $282,990 Active 155 DOM
11. 2026-10-28
    days on market $282,990 Active 154 DOM
12. 2026-10-27
    days on market $282,990 Active 153 DOM
13. 2026-10-26
    days on market $282,990 Active 152 DOM
14. 2026-10-26
    days on market $282,990 Active 151 DOM
15. 2026-10-24
    days on market $282,990 Active 150 DOM
16. 2026-10-23
    days on market $282,990 Active 149 DOM
17. 2026-10-22
    days on market $282,990 Active 148 DOM
18. 2026-10-21
    days on market $282,990 Active 147 DOM
19. 2026-10-20
    days on market $282,990 Active 146 DOM
20. 2026-10-19
    days on market $282,990 Active 145 DOM
21. 2026-10-18
    days on market $282,990 Active 144 DOM
22. 2026-10-17
    days on market $282,990 Active 143 DOM
23. 2026-10-16
    days on market $282,990 Active 142 DOM
24. 2026-10-15
    days on market $282,990 Active 141 DOM
25. 2026-10-14
    days on market $282,990 Active 140 DOM
26. 2026-10-13
    days on market $282,990 Active 139 DOM
27. 2026-10-12
    days on market $282,990 Active 138 DOM
28. 2026-10-11
    days on market $282,990 Active 137 DOM
29. 2026-10-10
    days on market $282,990 Active 136 DOM
30. 2026-10-09
    days on market $282,990 Active 135 DOM
31. 2026-10-08
    days on market $282,990 Active 134 DOM
32. 2026-10-07
    days on market $282,990 Active 133 DOM
33. 2026-10-06
    days on market $282,990 Active 132 DOM
34. 2026-10-05
    days on market $282,990 Active 131 DOM
35. 2026-10-05
    days on market $282,990 Active 130 DOM
36. 2026-10-04
    days on market $282,990 Active 129 DOM
37. 2026-10-02
    days on market $282,990 Active 128 DOM
38. 2026-10-01
    days on market $282,990 Active 127 DOM
39. 2026-09-30
    days on market $282,990 Active 126 DOM
40. 2026-09-29
    days on market $282,990 Active 125 DOM
41. 2026-09-28
    days on market $282,990 Active 124 DOM
42. 2026-09-27
    days on market $282,990 Active 123 DOM
43. 2026-09-25
    days on market $282,990 Active 121 DOM
44. 2026-09-24
    days on market $282,990 Active 120 DOM
45. 2026-09-22
    pricedays on market $282,990 Active 118 DOM
46. 2026-09-17
    days on market $311,990 Active 117 DOM
47. 2026-09-16
    days on market $311,990 Active 116 DOM
48. 2026-09-15
    days on market $311,990 Active 115 DOM
49. 2026-09-14
    days on market $311,990 Active 114 DOM
50. 2026-09-14
    days on market $311,990 Active 113 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $27,623
• − Mortgage interest: −$20,166
• − Property taxes: −$5,400
• − Insurance: −$1,800
• − Repairs & maintenance: −$2,210
• − Management: −$2,210
• − Depreciation: −$10,473
• Taxable loss: −$14,635
• Est. tax savings @ 24.0%: +$3,512
• After-tax cash flow: $-4,520/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.

Condition & rehab AI · 8 photos

Good 80/100 None rehab

This home is in excellent condition with a good condition score of 80. It has a modern and well-maintained interior and exterior, making it an attractive option for both buyers and renters. The home has a good resale and rental value and can be further enhanced with minor updates.

Value-add opportunities

• Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics. ↑
• Both Updating the flooring in the bedrooms — Replacing worn-out flooring can improve the overall look and feel of the home. ↑
• Both Upgrading the kitchen appliances — Modernizing the kitchen can attract more buyers and renters. ↑
• Both Adding smart home features — Smart home technology can increase the home's appeal and market value. ↑
• Both Landscaping improvements — Enhancing the landscaping can make the home more inviting and attractive to potential buyers and renters. ↑

D Composite school gradezoned avg 58/100

Zoned Schools

Elementary Pine Trail Elementary School A FL #230/2,144 Nat'l #2,202/41,679 Middle Ormond Beach Middle School B- FL #175/571 Nat'l #2,362/14,009 High Seabreeze High School F FL #248/667 Nat'l #7,376/17,239

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

A Composite livability gradescore 83/100

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 · 572,749 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: 19% of renters

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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%

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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%
• Languages at home: 91% English-only · Spanish 3% Other Indo-European 1% German/W. Germanic 1%

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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

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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

Property features AI

Finance

• Financial info: List price: $282,870

Exterior

• Parking: 2-car garage / 2 total parking spaces
• Home design: Single-family plan homeLocated in Ormond Beach, FL
• Exterior features: Living area of 1,808 (living area value provided)

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms and 1 half bathroom
• Interior features: Plan: Windsor (new construction plan)