309 N High StDelandFL32720
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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 309 N High St, Deland, FL, 32720 uses $82,245 cash to close to unlock $5,835/yr annual cash flow and $486/mo monthly cash flow. Total monthly income runs $2,196/mo, and a $1,214/mo payment keeps the spread at $486/mo. Purchase price stands at $248,100, and rental yield measures 10.62% with $2,196/mo rent. Return on cash invested shows 27% in year one, and 5% annual appreciation builds toward $68,545 over five years. Five-year ROI reaches 141.85% and total cumulative return in cash records $116,665. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,196/mo property income covering a $1,214/mo payment rather than investor’s personal income.
Single Family
Built in 1973
10,193 sqft 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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