138 W Volusia AveDelandFL32720
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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 138 W Volusia Ave, Deland, FL, 32720 priced at $175,000 converts $1,358/mo rent into $196/mo cash flow after a $857/mo obligation. Total monthly income equals $1,358/mo, and annual cash flow totals $2,355/yr on $58,013 invested. Return on cash invested prints 23.97% in year one, and rental yield reads 9.31% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 125.28% and total cumulative return in cash sums $72,679. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,358/mo property income covering a $857/mo payment, not borrower’s personal income.
Single Family
Built in 1947
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32720, Deland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,233 (100%) |
| Owner Occupied HU | 10,078 (66.2%) |
| Renter Occupied HU | 4,027 (26.4%) |
| Vacant Housing Units | 1,128 ( 7.4%) |
| Median Home Value | $384,984 |
| Average Home Value | $417,830 |
Housing Distribution
Address Breakdown
Residential
14,114
Single Family
13,305
Multi-Family
809
Businesses
1,178
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