40 Fairway Ct #5CDelandFL32724
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Deland rentals match the income profile of 40 Fairway Ct #5C, Deland, FL, 32724. Listed at $173,000, gross rent is $1,902/mo and net cash flow is $529/mo, a 13.19% yield well above national averages. DSCR 2.44 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $47,797 by year five with $1,593/yr in annual principal reduction, projecting $100,969 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.2% | 6.5% |
| Monthly Cash Flow | $529 | $300 |
City averages based on Deland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,902 |
| Total Monthly Debt Service | $1,304 |
| DSCR Ratio | 1.46x |
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.
Condo
Built in 1976
938 sqft lot
$N/A/sqft
$225 monthly HOA
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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
Condo
Built in 1976
938 sqft lot
$N/A/sqft
$225 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices