1460 3rd 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 1460 3rd Ave, Deland, FL, 32724 generates $2,567/mo in rent and, after a $1,610/mo payment, leaves $317/mo in cash flow. Total monthly income is $2,567/mo, and annual cash flow is $3,802/yr on $109,064 invested. Return on cash invested sits at 23.39% in year one, and rental yield is 9.36% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 122.39% and total cumulative return in cash sums $133,485. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,567/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
0.26 Acres lot
$N/A/sqft
No HOA
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Listed by: Kyria Andruss • Exit Global Realty
Mls Name: Space Coast AOR
Mls ID: #1040967
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