404 S Ruby Ave,Deland,FL,32724

Investment Highlights

Rental property for sale in Deland at 404 S Ruby Ave, Deland, FL, 32724 offers $2,340/mo rent that, after a $1,811/mo payment. Total monthly income is $2,340/mo. Return on cash invested measures 18.78% in year one, and rental yield stands at 7.59% at a $370,000 entry. Equity gained on principal adds $2,388/yr while 5% annual appreciation compounds into $102,224 by year five. Five-year ROI records 97.38% and total cumulative return in cash reaches $119,441. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,340/mo property income versus a $1,811/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.