215 E Voorhis Ave #2DDelandFL32724
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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 Deland at 215 E Voorhis Ave #2D, Deland, FL, 32724 offers a 6.65% rental yield on a $329,900 purchase with $1,829/mo rent. 86% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 76.75% and total cumulative return in cash at $83,931. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,829/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1947
1,272 sqft lot
$N/A/sqft
$100 monthly HOA
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Listed by: Ivan Tobon • OUTLET REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6295398
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