1582 Covered Bridge DrDelandFL32724
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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 1582 Covered Bridge Dr, Deland, FL, 32724 priced at $850,000 pairs $6,720/mo rent with $728/mo cash flow after a $4,160/mo payment. Total monthly income equals $6,720/mo, and annual cash flow comes to $8,739/yr on $279,650 invested. Return on cash invested is 23.19% in year one, and rental yield stands at 9.49% on a $850,000 basis. Equity gained on principal adds $5,485/yr, and 5% annual appreciation accumulates to $234,839 by year five. Five-year ROI measures 121.52% and total cumulative return in cash reaches $339,838. For financing, Ziffy Mortgage’s DSCR program evaluates $6,720/mo property income against a $4,160/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
1.67 Acres lot
$N/A/sqft
$1,504 annually HOA
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Listed by: Tristina Hill • Southern Exclusive Realty Corp
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1214246
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. Information is deemed reliable but not guaranteed.