This study examined the trilateral flash cycle characteristics (TFC) and partially evaporating cycle (PEC) using a low-grade heat source at 80 °C. The evaporation temperature and mass flow rate of the working fluids and the expander inlet’s quality were optimized through pinch point observation. This can help advance methods in determining the best design points and their operating conditions. The results indicated the partially evaporating cycle could solve the high-volume ratio problem without sacrificing the net power and thermal efficiency performance. When the system operation’s saturation temperature decreased by 10 °C, the net power, thermal efficiency, and volume ratio of the trilateral flash cycle system decreased by approximately 20%. Conversely, with the same operational conditions, the net power and thermal efficiency of the partially evaporating cycle system decreased by only approximately 3%; however, the volume ratio decreased by more than 50%. When the system operating temperature was under 63 °C, each fluid’s volume ratio could decrease to approximately 5. The problem of high excessive expansion would be solved from the features of the partially evaporating cycle, and it will keep the ideal power generation efficiency and improve expander manufacturing.