1150 Orangewood Ave,Deland,FL,32724

Investment Highlights

Investment property for sale in Deland at 1150 Orangewood Ave, Deland, FL, 32724 offers a 8.94% rental yield on a $314,500 purchase with $2,342/mo rent. Total monthly income registers $2,342/mo, and a $1,539/mo payment leaves $255/mo available for distribution. Annual cash flow reaches $3,063/yr on $104,257 to close, and return on cash invested stands at 22.85% in year one. Equity gained on principal adds $2,029/yr while 5% annual appreciation supports $86,891 over five years. Portfolio math shows five-year ROI at 119.21% and total cumulative return in cash at $124,288. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,342/mo property income against a $1,539/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.