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Ormond Beach, FL Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,987
Monthly Cash Flow
-$309
Principal + Equity
$2,278
Annual Total Gain
$23,626
Cash on Cash
-4.07%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$209
Occupancy Rate
65.52%
Monthly Revenue
$2,695
Monthly Cash Flow
-$6
Principal + Equity
$2,278
Annual Total Gain
$27,269
Cash on Cash %
-0.07%
Net ROI %
Market Health & Growth
Median Income
$67,482
Population
43,514
LTR Renter %
22.75%
Forecast (1 yr)
0.15%
Appreciation (1 yr)
-5.88%
Appreciation (5 yr)
38.54%
Appreciation (10 yr)
89.21%
Job Growth
1.74%
LTR Rentability
Moderate
STR Demand
69
STR Rentals
902
Top Public Schools
BPine Trail Elementary School
BOrmond Beach Elementary School
B
B
B
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B
Overall
Top-level market grade
Best Places to Live in Florida
#424out of 1195 markets
Best Places to Retire in Florida
#176out of 660 markets
Places with the Best Public Schools in Florida
#352out of 660 markets
B
Public School
C
Crime And Safety
C
Housing
B
Nightlife
B
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Ormond Beach, FL.
Ormond Beach, FL has regulations in place for Short Term Rentals (STR) that investors should be aware of before purchasing a property for this purpose.
1. Zoning Restrictions: Ormond Beach has specific zoning regulations that dictate where STRs are allowed to operate. Investors should ensure that the property they are considering is located in a zone that permits short term rentals.
2. Licensing and Permits: In Ormond Beach, property owners must obtain a business tax receipt and a short term rental permit in order to legally operate a STR. Investors should be aware of the application process and any fees associated with obtaining these permits.
3. Occupancy Limits: Ormond Beach has occupancy limits for STRs, which vary depending on the size of the property. Investors should be aware of these limits and ensure that they comply with them.
4. Noise and Nuisance Regulations: Ormond Beach has noise and nuisance regulations in place to ensure that STRs do not disrupt the peace and quiet of residential neighborhoods. Investors should be aware of these regulations and take steps to ensure that their guests comply with them.
5. Safety and Building Code Compliance: Investors should ensure that their property meets all safety and building code requirements for short term rentals in Ormond Beach. This may include having working smoke detectors, fire extinguishers, and other safety equipment in place.
6. Taxation: Investors should be aware of the tax implications of operating a STR in Ormond Beach. This may include occupancy taxes, sales taxes, and other local taxes that must be collected and remitted to the appropriate authorities.
By being aware of and complying with these regulations, investors can ensure that their investment in a Short Term Rental property in Ormond Beach, FL is successful and profitable.
Market Trends Over Time
Explore 25 years of market data for Ormond Beach, FL, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Ormond Beach, FL.
The LTR Genie Score of Ormond Beach, FL is 66 and STR Genie Score is 73, indicating a moderate to high potential for both long-term and short-term rental investments in the area. The LTR Rentability is moderate, suggesting that there may be some competition in the long-term rental market. However, the LTR Net ROI of 25.95% and the STR Net ROI of 29.95% are relatively high, indicating strong potential for returns in both rental strategies. The 1-Year Price Appreciation Forecast of 0.15% suggests stable growth in property values. The STR Occupancy rate of 65.52% and STR Revenue of 2695 indicate a healthy demand for short-term rentals in Ormond Beach.
Ormond Beach, FL is a popular beachside community known for its beautiful beaches, outdoor recreational activities, and proximity to Daytona Beach. The area attracts tourists and seasonal visitors, making it a desirable location for short-term rental investments. Additionally, Ormond Beach offers a range of amenities, including shopping, dining, and cultural attractions, making it an appealing destination for long-term renters as well.
Overall, Ormond Beach, FL appears to be a promising market for both long-term and short-term rental investments. Investors may consider diversifying their portfolio by exploring opportunities in both rental strategies to maximize their returns in this growing market.
LTR Genie Score 93
$200,000
🛏 3 Beds🛁 2.0000 Baths🏙 1,528 sqft.🏠 SINGLE FAMILY