3522 Fernanda DrDeltonaFL32738
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 3522 Fernanda Dr, Deltona, FL, 32738 in Deltona achieves a 1.67 ratio at $349,000: $2,614/mo rent versus $1,569/mo debt service. Rental yield 8.99%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.99% yield compounds alongside 5% annual appreciation projecting $96,422 in value. Total projected cumulative return: $133,166.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.2% |
| Monthly Cash Flow | $(20) | $300 |
City averages based on Deltona market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,614 |
| Total Monthly Debt Service | $2,495 |
| DSCR Ratio | 1.05x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2021
7,405 sqft lot
$N/A/sqft
$68 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32738, Deltona, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,599 (100%) |
| Owner Occupied HU | 14,109 (80.2%) |
| Renter Occupied HU | 2,872 (16.3%) |
| Vacant Housing Units | 618 ( 3.5%) |
| Median Home Value | $332,911 |
| Average Home Value | $364,111 |
Housing Distribution
Address Breakdown
Residential
17,663
Single Family
17,663
Multi-Family
0
Businesses
137
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
Single Family
Built in 2021
7,405 sqft lot
$N/A/sqft
$68 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32738, Deltona, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,599 (100%) |
| Owner Occupied HU | 14,109 (80.2%) |
| Renter Occupied HU | 2,872 (16.3%) |
| Vacant Housing Units | 618 ( 3.5%) |
| Median Home Value | $332,911 |
| Average Home Value | $364,111 |
Housing Distribution
Address Breakdown
Residential
17,663
Single Family
17,663
Multi-Family
0
Businesses
137
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Amarasinghe • Jason Mitchell Real Estate Florida LLC
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1223553
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.