503 E Minnesota AveDelandFL32724
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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
Rental property for sale in Deland at 503 E Minnesota Ave, Deland, FL, 32724 offers $2,386/mo rent that, after a $1,958/mo payment. Total monthly income is $2,386/mo. Return on cash invested measures 17.48% in year one, and rental yield stands at 7.16% at a $399,999 entry. Equity gained on principal adds $2,581/yr while 5% annual appreciation compounds into $110,512 by year five. Five-year ROI records 90.41% and total cumulative return in cash reaches $119,883. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,386/mo property income versus a $1,958/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
0.28 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices