123 Avenham Dr,Deland,FL,32724

Investment Highlights

Rental property for sale in Deland at 123 Avenham Dr, Deland, FL, 32724 priced at $369,000 converts $2,778/mo rent into $329/mo cash flow after a $1,806/mo obligation. Total monthly income equals $2,778/mo, and annual cash flow totals $3,952/yr on $122,324 invested. Return on cash invested prints 23.14% in year one, and rental yield reads 9.03% against a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation compiles into $101,948 by year five. Five-year ROI reaches 120.77% and total cumulative return in cash sums $147,735. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,778/mo property income covering a $1,806/mo payment, not borrower’s personal income.