117 N Garfield Ave APT 1DelandFL32724
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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
Investment property for sale in Deland at 117 N Garfield Ave APT 1, Deland, FL, 32724 offers a 9.48% rental yield on a $269,000 purchase with $2,126/mo rent. 23% in year one. Equity gained on principal adds $1,736/yr while 5% annual appreciation supports $74,320 over five years. Portfolio math shows five-year ROI at 96.73% and total cumulative return in cash at $86,255. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,126/mo property income against a $1,317/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
$465 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Allen Thompson • LPT REALTY LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #V4940300
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511