516 Nutmeg Cir, Deland, FL, 32724 | $113/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Deland at 516 Nutmeg Cir, Deland, FL, 32724 offers a 9.01% rental yield on a $129,000 purchase with $969/mo rent. Total monthly income registers $969/mo, and a $631/mo payment leaves $113/mo available for distribution. Annual cash flow reaches $1,360/yr on $42,764 to close, and return on cash invested stands at 23.09% in year one. Equity gained on principal adds $832/yr while 5% annual appreciation supports $35,640 over five years. Portfolio math shows five-year ROI at 120.55% and total cumulative return in cash at $51,553. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $969/mo property income against a $631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 1994

N/A lot

$N/A/sqft

No HOA