221 Evergreen TerDelandFL32724
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 221 Evergreen Ter, Deland, FL, 32724 priced at $110,000 converts $1,502/mo rent into $772/mo cash flow after a $538/mo obligation. Total monthly income equals $1,502/mo, and annual cash flow totals $9,269/yr on $36,465 invested. Return on cash invested prints 45.33% in year one, and rental yield reads 16.39% against a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation compiles into $30,391 by year five. Five-year ROI reaches 239.83% and total cumulative return in cash sums $87,456. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,502/mo property income covering a $538/mo payment, not borrower’s personal income.
Manufactured
Built in 1975
10,454 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Savannah Quick • Oceans Luxury Realty Full Service LLC
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1216940
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.