1386 RED CLOVER LaneDelandFL32724
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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 1386 RED CLOVER Lane, Deland, FL, 32724 generates $2,668/mo in rent, after a $1,615/mo payment. Total monthly income is $2,668/mo. Return on cash invested sits at 19.64% in year one, and rental yield is 9.7% on a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 104% and total cumulative return in cash sums $113,739. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,668/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
4,791 sqft lot
$N/A/sqft
$503 monthly HOA
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Listed by: WENDY HELMS • RE/MAX SPECIALISTS
Mls Name: realMLS
Mls Provider:
Mls ID: #2060972
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. Data is deemed reliable but is not guaranteed accurate by realMLS.