2638 Saint Johns 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
Investment property for sale in Deland at 2638 Saint Johns Rd, Deland, FL, 32720 with 5% annual appreciation on a $234,900 basis while $1,843/mo rent supports operations. Total monthly income totals $1,843/mo and a $1,150/mo payment preserves $158/mo for cash returns. Annual cash flow comes to $1,891/yr on $77,869 deployed, and return on cash invested reaches 22.34% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,899 alongside rental yield of 9.42%. Five-year ROI measures 117.18% and total cumulative return in cash totals $91,245.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,843/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
0.52 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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Listed by: Jourdan Hoover • Watson Realty Corporation
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1211160
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.