406 RIDGEWAY BoulevardDelandFL32724
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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
Investment Highlights
Investment property for sale in Deland at 406 RIDGEWAY Boulevard, Deland, FL, 32724 with 5% annual appreciation on a $475,000 basis while $3,054/mo rent supports operations. 67% in year one. Equity gained on principal adds $3,065/yr, and five-year appreciation sums $131,234 alongside rental yield of 7.72%. Five-year ROI measures 91.95% and total cumulative return in cash totals $144,787. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,054/mo property income versus a $2,325/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
8,276 sqft lot
$N/A/sqft
$196 monthly HOA
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Nearby investment properties with comparable prices
Listed by: MORGAN KLEIN • WATSON REALTY CORP
Mls Name: realMLS
Mls Provider:
Mls ID: #2101126
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. Data is deemed reliable but is not guaranteed accurate by realMLS.