316 N Stone 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
Rental property for sale in Deland at 316 N Stone St, Deland, FL, 32720 offers $2,094/mo rent that, after a $1,346/mo payment, leaves $269/mo cash flow. Total monthly income is $2,094/mo, and annual cash flow is $3,228/yr on $91,163 cash. Return on cash invested measures 23.45% in year one, and rental yield stands at 9.14% at a $275,000 entry. Equity gained on principal adds $1,775/yr while 5% annual appreciation compounds into $75,977 by year five. Five-year ROI records 122.47% and total cumulative return in cash reaches $111,647. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,094/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.42 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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