1415 Ocean Shore Blvd, Unit B060, Ormond Beach, FL 32176

Ormond Beach, FL 32176 · 1 bd · 1 ba · 837 sqft · Condo · 93 days on market

The math, in full

Asking price: $196,990
Down payment (15%): $29,549
Loan amount: $167,441
Est. monthly rent: $2,800/mo; Range $2,380 to $3,220/mo
Monthly payment, all-in: $2,227/mo; Mortgage + taxes + insurance (PITIA)
Cashflow ratio (DSCR): 1.26; $2,800 rent ÷ $2,227 payment
Monthly cashflow: +$573/mo; What's left after the payment

Where the rent number comes from

Median asking rent for 1-bedroom homes in zip 32176, from current market comps, not a per-property guess. Medium confidence: a moderate number of comparable rentals in this zip.

Cash to start

$29,549

15% down on $196,990

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Screened against real lending criteria. This one fits 3 programs.
Qualifies on the property's rent, no W-2 or tax returns.
Listing data verified as of July 5, 2026.

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Rent, payment, and cashflow figures are estimates based on current market data and business-purpose investment-loan criteria, for non-owner-occupied property. Not a commitment to lend, not financial advice, and not an offer of any specific loan or property. Listing data may change; properties may sell. All terms confirmed by a loan officer and subject to underwriting and appraisal.