3046 Ruby Falls DrDelandFL32724
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
Investment property for sale in Deland at 3046 Ruby Falls Dr, Deland, FL, 32724 offers a 9.02% rental yield on a $382,477 purchase with $2,874/mo rent. Total monthly income registers $2,874/mo, and a $1,872/mo payment leaves $265/mo available for distribution. Annual cash flow reaches $3,178/yr on $126,791 to close, and return on cash invested stands at 22.42% in year one. Equity gained on principal adds $2,468/yr while 5% annual appreciation supports $105,671 over five years. Portfolio math shows five-year ROI at 117.11% and total cumulative return in cash at $148,486. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,874/mo property income against a $1,872/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,000 sqft lot
$N/A/sqft
$71 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy Pruitt, PA • OLYMPUS EXECUTIVE REALTY INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #G5088103
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511