1386 RED CLOVER LaneDelandFL32724
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 1386 RED CLOVER Lane, Deland, FL, 32724 in Deland achieves 1.80, rent of $2,668/mo covers the $1,483/mo payment 1.5x over at $329,900. Rental yield 9.7%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $91,145 over five years, with $3,038/yr in principal reduction bringing total projected return to $126,415.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.5% |
| Monthly Cash Flow | $(25) | $300 |
City averages based on Deland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,668 |
| Total Monthly Debt Service | $2,561 |
| DSCR Ratio | 1.04x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2018
4,791 sqft lot
$N/A/sqft
$503 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2018
4,791 sqft lot
$N/A/sqft
$503 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.