114 Ivydale Manor DrDelandFL32724
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Deland at 114 Ivydale Manor Dr, Deland, FL, 32724 priced at $789,000 pairs $6,134/mo rent with $650/mo cash flow after a $3,862/mo payment. Total monthly income equals $6,134/mo, and annual cash flow comes to $7,804/yr on $259,581 invested. Return on cash invested is 23.07% in year one, and rental yield stands at 9.33% on a $789,000 basis. Equity gained on principal adds $5,091/yr, and 5% annual appreciation accumulates to $217,986 by year five. Five-year ROI measures 120.76% and total cumulative return in cash reaches $313,462. For financing, Ziffy Mortgage’s DSCR program evaluates $6,134/mo property income against a $3,862/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2016
9,147 sqft lot
$N/A/sqft
$553 quarterly HOA
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Listed by: Mike Bretzel • Keller Williams Realty Florida Partners
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1200083
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.