111 N Fairfax Ave,Deland,FL,32724

Investment Highlights

Investment property for sale in Deland at 111 N Fairfax Ave, Deland, FL, 32724 at $254,900 posts ROI 27.46% with $532/mo cash flow from $2,224/mo rent. Total monthly income equals $2,224/mo, and annual cash flow records $6,385/yr on $84,499 to close. Return on cash invested measures 27.46% and rental yield reads 10.47% at the current $254,900. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,424 by year five. Five-year ROI prints 144% and total cumulative return in cash totals $121,680.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,224/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).