1965 2nd Ave,Deland,FL,32724

Investment Highlights

Investment property for sale in Deland at 1965 2nd Ave, Deland, FL, 32724 listed at $246,000 pairs $2,340/mo rent with a $1,204/mo payment to leave $708/mo cash flow. Total monthly income runs $2,340/mo, and annual cash flow reaches $8,491/yr on $81,549 cash to close. Return on cash invested measures 30.32% in year one, and rental yield registers 11.41% at a $246,000 basis. Equity gained on principal adds $1,587/yr, and annual property appreciation at 5% supports $67,965 by year five. Five-year ROI tracks 159.28% and total cumulative return in cash totals $129,890. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,340/mo property income relative to a $1,204/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).