1618 Palm Ave, Deland, FL, 32724 | $277/mo Cash Flow

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Deland at 1618 Palm Ave, Deland, FL, 32724 uses $104,423 cash to close to unlock $3,328/yr annual cash flow and $277/mo monthly cash flow. Total monthly income runs $2,368/mo, and a $1,542/mo payment keeps the spread at $277/mo. Purchase price stands at $315,000, and rental yield measures 9.02% with $2,368/mo rent. Return on cash invested shows 23.1% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 120.54% and total cumulative return in cash records $125,873. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,368/mo property income covering a $1,542/mo payment rather than investor’s personal income.

Single Family

Built in 1988

0.26 Acres lot

$N/A/sqft

No HOA