500 Nowell Loop,Deland,FL,32724

Investment Highlights

Investment property for sale in Deland at 500 Nowell Loop, Deland, FL, 32724 listed at $409,900 pairs $2,805/mo rent with a $2,006/mo payment to leave $85/mo cash flow. Total monthly income runs $2,805/mo, and annual cash flow reaches $1,021/yr on $135,882 cash to close. Return on cash invested measures 20.66% in year one, and rental yield registers 8.21% at a $409,900 basis. Equity gained on principal adds $2,645/yr, and annual property appreciation at 5% supports $113,248 by year five. Five-year ROI tracks 107.49% and total cumulative return in cash totals $146,056. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,805/mo property income relative to a $2,006/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).