29723 Fullerville RdDelandFL32720
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 29723 Fullerville Rd, Deland, FL, 32720 generates $2,063/mo in rent and, after a $1,483/mo payment, leaves $52/mo in cash flow. Total monthly income is $2,063/mo, and annual cash flow is $627/yr on $100,445 invested. Return on cash invested sits at 20.53% in year one, and rental yield is 8.17% on a $303,000 entry. Equity gained on principal adds $1,955/yr, while 5% annual appreciation builds toward $83,713 over five years. Five-year ROI reaches 106.8% and total cumulative return in cash sums $107,274. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,063/mo property income rather than buyer’s personal income.
Manufactured
Built in 1985
5 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices