1575 Covered Bridge DrDelandFL32724
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 1575 Covered Bridge Dr, Deland, FL, 32724 in Deland is listed at $595,000 and delivers $4,444/mo in rent and $432/mo in net monthly cash flow. The 8.96% yield and 1.66 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $164,388 over five years, and $5,480/yr in principal reduction supplements cash return. Total projected cumulative return: $254,986.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.5% |
| Monthly Cash Flow | $432 | $300 |
City averages based on Deland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,444 |
| Total Monthly Debt Service | $3,774 |
| DSCR Ratio | 1.18x |
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 1995
1.11 Acres lot
$N/A/sqft
$752 annually 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 1995
1.11 Acres lot
$N/A/sqft
$752 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tristina Hill • Southern Exclusive Realty Corp
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1208757
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