504 Wild Cherry Dr,Deland,FL,32724

Investment Highlights

Rental property for sale in Deland at 504 Wild Cherry Dr, Deland, FL, 32724 offers $845/mo rent that, after a $538/mo payment, leaves $115/mo cash flow. Total monthly income is $845/mo, and annual cash flow is $1,385/yr on $36,465 cash. Return on cash invested measures 23.71% in year one, and rental yield stands at 9.22% at a $110,000 entry. Equity gained on principal adds $710/yr while 5% annual appreciation compounds into $30,391 by year five. Five-year ROI records 123.9% and total cumulative return in cash reaches $45,180. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $845/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.