1635 6th Ave,Deland,FL,32724

Investment Highlights

Rental property for sale in Deland at 1635 6th Ave, Deland, FL, 32724 generates $2,874/mo in rent and, after a $1,786/mo payment, leaves $452/mo in cash flow. Total monthly income is $2,874/mo, and annual cash flow is $5,427/yr on $120,998 invested. Return on cash invested sits at 24.39% in year one, and rental yield is 9.45% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 127.51% and total cumulative return in cash sums $154,279. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,874/mo property income rather than buyer’s personal income.