2821 E Canal RdDeltonaFL32738
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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 Deltona at 2821 E Canal Rd, Deltona, FL, 32738 uses $91,163 cash to close to unlock $1,140/yr annual cash flow and $95/mo monthly cash flow. Total monthly income runs $1,920/mo, and a $1,346/mo payment keeps the spread at $95/mo. Purchase price stands at $275,000, and rental yield measures 8.38% with $1,920/mo rent. Return on cash invested shows 21.16% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 110.19% and total cumulative return in cash records $100,451. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1981
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32738, Deltona, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,599 (100%) |
| Owner Occupied HU | 14,109 (80.2%) |
| Renter Occupied HU | 2,872 (16.3%) |
| Vacant Housing Units | 618 ( 3.5%) |
| Median Home Value | $332,911 |
| Average Home Value | $364,111 |
Housing Distribution
Address Breakdown
Residential
17,663
Single Family
17,663
Multi-Family
0
Businesses
137
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