503 Blue Ginger Ln,Deland,FL,32724

Investment Highlights

Rental property for sale in Deland at 503 Blue Ginger Ln, Deland, FL, 32724 offers $1,675/mo rent that, after a $954/mo payment, leaves $381/mo cash flow. Total monthly income is $1,675/mo, and annual cash flow is $4,576/yr on $64,643 cash. Return on cash invested measures 26.99% in year one, and rental yield stands at 10.31% at a $195,000 entry. Equity gained on principal adds $1,258/yr while 5% annual appreciation compounds into $53,875 by year five. Five-year ROI records 141.43% and total cumulative return in cash reaches $91,426. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,675/mo property income versus a $954/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.