205 Merlot StDelandFL32724
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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 205 Merlot St, Deland, FL, 32724 priced at $312,000 pairs $2,357/mo rent with $4/mo cash flow after a $1,527/mo payment. Total monthly income equals $2,357/mo, and annual cash flow comes to $43/yr on $103,428 invested. Return on cash invested is 19.95% in year one, and rental yield stands at 9.07% on a $312,000 basis. Equity gained on principal adds $2,013/yr, and 5% annual appreciation accumulates to $86,200 by year five. Five-year ROI measures 104.85% and total cumulative return in cash reaches $108,443. For financing, Ziffy Mortgage’s DSCR program evaluates $2,357/mo property income against a $1,527/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2017
2,100 sqft lot
$N/A/sqft
$283 monthly HOA
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Listed by: Lindsey Smith • LPT REALTY, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #V4944669
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511