508 Nutmeg Cir, Deland, FL, 32724 | $1,512/mo Cash Flow

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1124 sft

11 Sandra Cir, New Smyrna Beach, FL, 32168

2 Bed
2 Bath
1096 sft

220 Pinerock Pl, Port Orange, FL, 32127

2 Bed
1 Bath
860 sft

512 Spruce St, Daytona Beach, FL, 32114

2 Bed
1 Bath
944 sft

735 N Clara Ave, Deland, FL, 32720

Nearby investment properties with comparable prices

Motivated Seller+ 1 more

3 Bed
2 Bath
1088 sft

534 Pine St, Daytona Beach, FL, 32114

2 Bed
1 Bath
684 sft

102 S Oak Tree Dr, Debary, FL, 32713

3 Bed
2 Bath
1400 sft

33 Green Forest Dr #150, Ormond Beach, FL, 32174

Investment Property+ 1 more

2 Bed
1 Bath
772 sft

240 Evergreen Ter, Deland, FL, 32724

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Deland at 508 Nutmeg Cir, Deland, FL, 32724 uses $36,465 cash to close to unlock $18,149/yr annual cash flow and $1,512/mo monthly cash flow. Total monthly income runs $2,242/mo, and a $538/mo payment keeps the spread at $1,512/mo. Purchase price stands at $110,000, and rental yield measures 24.46% with $2,242/mo rent. Return on cash invested shows 69.68% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 370.41% and total cumulative return in cash records $135,072. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,242/mo property income covering a $538/mo payment rather than investor’s personal income.

Manufactured

Built in 1988

N/A lot

$N/A/sqft

No HOA