1259 Scottsdale Dr · Ormond Beach, FL 32174

$198,000

3 bd · 2.0 ba · 1,252 sqft · SingleFamily public records · 5 Days on market

Built 1960 8,925 sqft lot

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Why this score? — see what drove the C- 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 +21.2/30.0
• ARV discount +7.5/15.0
• DSCR +6.8/10.0
• 1% rule +5.7/10.0
• 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

Investor Special on Corner lot! This property needs a full renovation and is being sold As Is for Cash only. Not for the faint of heart, but for investors, flippers or contractors looking for their next project, the potential is there. Located in a well established neighborhood with convenient access to shopping, restaurants, schools, parks, and major highways. Bring your vision, your contractor, and your toolbox-this is a true fixer upper and ready for a COMPLETE makeover!

Key facts

• Full renovation
• Corner lot
• 8,925 sq ft lot

Tags

• CORNER LOT
• FULL RENOVATION
• WELL ESTABLISHED NEIGHBORHOOD
• CONVENIENT ACCESS TO SHOPPING
• CONVENIENT ACCESS TO SCHOOLS
• CONVENIENT ACCESS TO PARKS

Property features AI

Finance

• Other: Zoned R-1; Development listed as other
• HOA & community: No HOA association indicated

Exterior

• Utilities: Public water; Public sewer; Electricity available; Asphalt road access
• Home design: Single family residence; Residential property; One story; Faces south; Fixer condition
• Construction: Block construction; Shingle roof; Slab foundation; Built on lot of about 0.2 acres (85 x 105)
• Exterior features: In-ground private pool

Interior

• Kitchen: Other appliances
• Bedrooms: 3 bedrooms
• Flooring: Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans
• Laundry & utility: Laundry room inside

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $198k.

Deal economics

• At list price, monthly cash flow is $286 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $198k).
• Cap rate 8.0% 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; 13 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).
• This rent runs 36% 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

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 15y 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 $115k; list at $198k implies a 72% 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 $198,000

Questions for the listing agent

1. Built in 1960 — 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. 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?
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: 1.07% ✓
• Cap rate: 8.03%
• Cash-on-cash: 6.20%
• DSCR: 1.28
• GRM: 7.8

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: -8.3%
• Equity multiple: 0.70×
• Total profit: $-16,666
• Equity at exit: $29,522

10-year hold

• IRR: -0.6%
• Equity multiple: 0.96×
• Total profit: $-2,287
• Equity at exit: $17,119

Cash invested: $55,440 (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: 7.8×

Monthly cashflow live

• Estimated rent: $2,124 high
• Mortgage (P&I): −$1,038
• Tax from tax record: −$271 /mo · $3,249/yr
• Insurance: −$82
• HOA: −$0
• Vacancy / Maint / Mgmt: −$446
• Net cashflow: $286

Break-even live

Break-even rent $1,762

Max offer price $198,000

Occupancy floor 82%

Sensitivity live

Price	-10% $398	-5% $342	+0% $286	+5% $230	+10% $174
Rent	-10% $119	-5% $202	+0% $286	+5% $370	+10% $454
Rate	-1.0pp $386	-0.5pp $337	base $286	+0.5pp $235	+1.0pp $183

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: $49,500
• Closing costs: $5,940
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
67 Brookwood Dr Ormond Beach, FL	3.0	2.0	1602	$2,500	$1.56	24d	1	0.21mi
51 Brookwood Dr Ormond Beach, FL	3.0	2.0	1791	$2,100	$1.17	24d	1	0.24mi
35 Magnolia Ave Unit 35 Ormond Beach, FL	2.0	2.0	1300	$1,800	$1.38	24d	1	0.34mi
1088 W Granada Blvd Ormond Beach, FL	1.0–2.0	1.0–2.0	950	$1,570	$1.65	11d	8	0.53mi
162 Pine Cone Trl Ormond Beach, FL	3.0	2.0	1555	$2,100	$1.35	15d	1	0.80mi
7 Stone Haven Trl Ormond Beach, FL	3.0	2.0	1678	$2,200	$1.31	19d	1	0.87mi
500 Shadow Lakes Blvd Ormond Beach, FL	1.0–2.0	1.0–2.0	856	$1,645	$1.92	11d	15	0.94mi
145 Green Forest Dr Ormond Beach, FL	3.0	2.0	1625	$2,200	$1.35	24d	1	1.10mi
1953 Nelson Ave Ormond Beach, FL	4.0	1.5	1600	$2,000	$1.25	24d	1	1.11mi
559 Cameo Dr Ormond Beach, FL	3.0	2.5	1668	$2,310	$1.38	24d	1	1.14mi
450 Tomoka Ave Unit 215 Ormond Beach, FL	2.0	1.5	1150	$1,750	$1.52	15d	1	1.20mi
3 Glen Arbor Park Ormond Beach, FL	2.0	1.5	1200	$1,700	$1.42	24d	1	1.21mi
410 Sauls St Ormond Beach, FL	3.0	1.0	990	$1,500	$1.52	24d	1	1.49mi

Listing history 10 events

1. 2026-05-22
   listed $198,000 Active

   Show marketing remark (478 chars)

   Investor Special on Corner lot! This property needs a full renovation and is being sold As Is for Cash only. Not for the faint of heart, but for investors, flippers or contractors looking for their next project, the potential is there. Located in a well established neighborhood with convenient access to shopping, restaurants, schools, parks, and major highways. Bring your vision, your contractor, and your toolbox-this is a true fixer upper and ready for a COMPLETE makeover!

2. 2026-05-22
   listed $198,000 Active 478-char remark

   Show marketing remark (478 chars)

   Investor Special on Corner lot! This property needs a full renovation and is being sold As Is for Cash only. Not for the faint of heart, but for investors, flippers or contractors looking for their next project, the potential is there. Located in a well established neighborhood with convenient access to shopping, restaurants, schools, parks, and major highways. Bring your vision, your contractor, and your toolbox-this is a true fixer upper and ready for a COMPLETE makeover!

3. 2015-02-13
   soldstatus $115,000
4. 2015-02-11
   historical 483-char remark

   Show marketing remark (483 chars)

   ORMOND POOL HOME UNDER 125K!!!3 bedroom 2 bath block home in desirable Forest Hills subdivision. Large corner lot with fenced yard inground pool 2 large storage buildings and plenty of parking. New roof with sun tunnels in'11,new thermal pane windows in'11,new paint in & out in '11.New A/c in '11.Updated Kitchen in '11. Tiled entire house with porcelain tile in'11.Inside laundry includes washer/dryer. Make sure you see this one. Better hurry at this price it wan't last long.

5. 2015-02-10
   soldstatus $115,000 Closed 483-char remark

   Show marketing remark (483 chars)

   ORMOND POOL HOME UNDER 125K!!!3 bedroom 2 bath block home in desirable Forest Hills subdivision. Large corner lot with fenced yard inground pool 2 large storage buildings and plenty of parking. New roof with sun tunnels in'11,new thermal pane windows in'11,new paint in & out in '11.New A/c in '11.Updated Kitchen in '11. Tiled entire house with porcelain tile in'11.Inside laundry includes washer/dryer. Make sure you see this one. Better hurry at this price it wan't last long.

6. 2015-01-10
   listed Contingency 483-char remark

   Show marketing remark (483 chars)

   ORMOND POOL HOME UNDER 125K!!!3 bedroom 2 bath block home in desirable Forest Hills subdivision. Large corner lot with fenced yard inground pool 2 large storage buildings and plenty of parking. New roof with sun tunnels in'11,new thermal pane windows in'11,new paint in & out in '11.New A/c in '11.Updated Kitchen in '11. Tiled entire house with porcelain tile in'11.Inside laundry includes washer/dryer. Make sure you see this one. Better hurry at this price it wan't last long.

7. 2011-07-13
   soldstatus $43,000
8. 2011-05-19
   listed $42,750
9. 2002-06-20
   soldstatus $62,000
10. 1973-04-01
    soldstatus $26,900

ⓘ 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: $3,249 · $271/mo
• Projected year-2 tax: $3,249 · $271/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 10/10 Extreme 7 d/yr ≥105°F today · 21 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: $25,488
• − Mortgage interest: −$11,091
• − Property taxes: −$3,249
• − Insurance: −$990
• − Repairs & maintenance: −$2,039
• − Management: −$2,039
• − Depreciation: −$5,760
• Taxable income: $320
• Est. tax owed @ 24.0%: −$77
• After-tax cash flow: $3,360/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

+636.1% since first listed

10 events — show timeline

• 2026-05-22 Listed $198,000 Daytona MLS
• 2026-05-22 Listed $198,000 Stellar MLS as Distributed by MLS Grid
• 2015-02-13 Sold (Public Records) $115,000 Public Records
• 2015-02-11 Listing Removed — Daytona MLS
• 2015-02-10 Sold (MLS) $115,000 Daytona MLS
• 2015-01-10 Listed — Daytona MLS
• 2011-07-13 Sold (MLS) $43,000 Daytona MLS
• 2011-05-19 Listed $42,750 Daytona MLS
• 2002-06-20 Sold (Public Records) $62,000 Public Records
• 1973-04-01 Sold (Public Records) $26,900 Public Records

Property tax history

+7.1%/yr

Latest (2025): $3,249 · +0.9% YoY. Source: county tax records.