1206 8th Ave,Deland,FL,32724

Investment Highlights

Investment property for sale in Deland at 1206 8th Ave, Deland, FL, 32724 listed at $334,900 pairs $2,861/mo rent with a $1,639/mo payment to leave $639/mo cash flow. Total monthly income runs $2,861/mo, and annual cash flow reaches $7,665/yr on $111,019 cash to close. Return on cash invested measures 26.81% in year one, and rental yield registers 10.25% at a $334,900 basis. Equity gained on principal adds $2,161/yr, and annual property appreciation at 5% supports $92,527 by year five. Five-year ROI tracks 140.45% and total cumulative return in cash totals $155,929. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,861/mo property income relative to a $1,639/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).