1701 Montecito AveDeltonaFL32738
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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
Investment property for sale in Deltona at 1701 Montecito Ave, Deltona, FL, 32738 offers a 10.15% rental yield on a $229,000 purchase with $1,937/mo rent. Total monthly income registers $1,937/mo, and a $1,121/mo payment leaves $417/mo available for distribution. Annual cash flow reaches $5,006/yr on $75,914 to close, and return on cash invested stands at 26.5% in year one. Equity gained on principal adds $1,478/yr while 5% annual appreciation supports $63,268 over five years. Portfolio math shows five-year ROI at 138.86% and total cumulative return in cash at $105,413. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,937/mo property income against a $1,121/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32738, Deltona, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,599 (100%) |
| Owner Occupied HU | 14,109 (80.2%) |
| Renter Occupied HU | 2,872 (16.3%) |
| Vacant Housing Units | 618 ( 3.5%) |
| Median Home Value | $332,911 |
| Average Home Value | $364,111 |
Housing Distribution
Address Breakdown
Residential
17,663
Single Family
17,663
Multi-Family
0
Businesses
137
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