321 Wade AveDelandFL32724
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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 321 Wade Ave, Deland, FL, 32724 priced at $339,000 pairs $2,420/mo rent with $171/mo cash flow after a $1,659/mo payment. Total monthly income equals $2,420/mo, and annual cash flow comes to $2,047/yr on $112,379 invested. Return on cash invested is 21.73% in year one, and rental yield stands at 8.57% on a $339,000 basis. Equity gained on principal adds $2,188/yr, and 5% annual appreciation accumulates to $93,659 by year five. Five-year ROI measures 113.2% and total cumulative return in cash reaches $127,216. For financing, Ziffy Mortgage’s DSCR program evaluates $2,420/mo property income against a $1,659/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
1.12 Acres lot
$N/A/sqft
No HOA
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Listed by: Tristina Hill • Southern Exclusive Realty Corp
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1211161
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.