1294 E Ohio 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 1294 E Ohio Ave, Deland, FL, 32724 priced at $386,990 converts $2,874/mo rent into $306/mo cash flow after a $1,894/mo obligation. Total monthly income equals $2,874/mo, and annual cash flow totals $3,672/yr on $128,287 invested. Return on cash invested prints 22.77% in year one, and rental yield reads 8.91% against a $386,990 entry. Equity gained on principal adds $2,497/yr, while 5% annual appreciation compiles into $106,918 by year five. Five-year ROI reaches 118.77% and total cumulative return in cash sums $152,363. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,874/mo property income covering a $1,894/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.70 Acres lot
$N/A/sqft
No HOA
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Listed by: Michael Scott • NEW HOME STAR FLORIDA LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6277578
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