1562 6th Ave,Deland,FL,32724

Investment Highlights

Investment property for sale in Deland at 1562 6th Ave, Deland, FL, 32724 offers a 9.42% rental yield on a $269,000 purchase with $2,111/mo rent. Total monthly income registers $2,111/mo, and a $1,317/mo payment leaves $325/mo available for distribution. Annual cash flow reaches $3,906/yr on $89,174 to close, and return on cash invested stands at 24.29% in year one. Equity gained on principal adds $1,736/yr while 5% annual appreciation supports $74,320 over five years. Portfolio math shows five-year ROI at 126.94% and total cumulative return in cash at $113,195. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,111/mo property income against a $1,317/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.