369 Spring Lake Dr, Deland, FL, 32724 | $116/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1248 sft

1000 Walker St LOT 357, Holly Hill, FL, 32117

2 Bed
1 Bath
684 sft

102 S Oak Tree Dr, Debary, FL, 32713

3 Bed
2 Bath
1456 sft

1000 Walker St LOT 387, Holly Hill, FL, 32117

Motivated Seller+ 1 more

3 Bed
2 Bath
1378 sft

9660 SE 308th Ter, Altoona, FL, 32702

Nearby investment properties with comparable prices

3 Bed
2 Bath
1456 sft

1000 Walker St LOT 387, Holly Hill, FL, 32117

2 Bed
2 Bath
- sft

802 E Colonial Cir, Daytona Beach, FL, 32117

2 Bed
1 Bath
750 sft

1606 Selma Ave, Holly Hill, FL, 32117

2 Bed
2 Bath
1651 sft

9 Cypress In The Wood, Pt Orange, FL, 32129

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Deland at 369 Spring Lake Dr, Deland, FL, 32724 listed at $119,000 pairs $905/mo rent with a $582/mo payment to leave $116/mo cash flow. Total monthly income runs $905/mo, and annual cash flow reaches $1,389/yr on $39,449 cash to close. Return on cash invested measures 23.43% in year one, and rental yield registers 9.13% at a $119,000 basis. Equity gained on principal adds $768/yr, and annual property appreciation at 5% supports $32,878 by year five. Five-year ROI tracks 122.33% and total cumulative return in cash totals $48,257. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $905/mo property income relative to a $582/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 2020

N/A lot

$N/A/sqft

No HOA