2175 Mercers Fernery RdDelandFL32720
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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
Total monthly income runs $2,930/mo, and a $2,251/mo payment. Purchase price stands at $460,000, and rental yield measures 7.64% with $2,930/mo rent. Return on cash invested shows 18.95% in year one, and 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 98.27% and total cumulative return in cash records $149,857. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,930/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32720, Deland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,233 (100%) |
| Owner Occupied HU | 10,078 (66.2%) |
| Renter Occupied HU | 4,027 (26.4%) |
| Vacant Housing Units | 1,128 ( 7.4%) |
| Median Home Value | $384,984 |
| Average Home Value | $417,830 |
Housing Distribution
Address Breakdown
Residential
14,114
Single Family
13,305
Multi-Family
809
Businesses
1,178
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