404 E Kentucky Ave,Deland,FL,32724

Investment Highlights

Rental property for sale in Deland at 404 E Kentucky Ave, Deland, FL, 32724 priced at $249,900 pairs $1,764/mo rent with $106/mo cash flow after a $1,223/mo payment. Total monthly income equals $1,764/mo, and annual cash flow comes to $1,269/yr on $82,842 invested. Return on cash invested is 21.44% in year one, and rental yield stands at 8.47% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 111.66% and total cumulative return in cash reaches $92,498. For financing, Ziffy Mortgage’s DSCR program evaluates $1,764/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.