1370 E PkwyDelandFL32724
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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 1370 E Pkwy, Deland, FL, 32724 priced at $350,000 pairs $3,037/mo rent with $714/mo cash flow after a $1,713/mo payment. Total monthly income equals $3,037/mo, and annual cash flow comes to $8,573/yr on $116,025 invested. Return on cash invested is 27.3% in year one, and rental yield stands at 10.41% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 143.06% and total cumulative return in cash reaches $165,986. For financing, Ziffy Mortgage’s DSCR program evaluates $3,037/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.26 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Catherine McLean • LPT REALTY, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6272141
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