522 Grace 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 522 Grace Ave, Deland, FL, 32724 priced at $249,000 converts $2,718/mo rent into $983/mo cash flow after a $1,219/mo obligation. Total monthly income equals $2,718/mo, and annual cash flow totals $11,800/yr on $82,544 invested. Return on cash invested prints 34.2% in year one, and rental yield reads 13.1% against a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation compiles into $68,794 by year five. Five-year ROI reaches 180.55% and total cumulative return in cash sums $149,036. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,718/mo property income covering a $1,219/mo payment, not borrower’s personal income.
Single Family
Built in 1979
0.31 Acres lot
$N/A/sqft
No HOA
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Listed by: Kaley Macomber • Adams, Cameron & Co., Realtors
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1213081
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