1140 Orangewood AveDelandFL32724
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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 1140 Orangewood Ave, Deland, FL, 32724 priced at $375,000 converts $2,972/mo rent into $484/mo cash flow after a $1,835/mo obligation. Total monthly income equals $2,972/mo, and annual cash flow totals $5,806/yr on $124,313 invested. Return on cash invested prints 24.58% in year one, and rental yield reads 9.51% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 128.47% and total cumulative return in cash sums $159,699. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,972/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 1993
8,276 sqft lot
$N/A/sqft
No HOA
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Listed by: Guy Kinsman • Watson Realty Corporation
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1210239
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.