614 S Amelia 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
Investment property for sale in Deland at 614 S Amelia Ave, Deland, FL, 32724 with 5% annual appreciation on a $312,000 basis while $2,698/mo rent supports operations. Total monthly income totals $2,698/mo and a $1,527/mo payment preserves $559/mo for cash returns. Annual cash flow comes to $6,708/yr on $103,428 deployed, and return on cash invested reaches 26.39% in year one. Equity gained on principal adds $2,013/yr, and five-year appreciation sums $86,200 alongside rental yield of 10.38%. Five-year ROI measures 138.47% and total cumulative return in cash totals $143,219.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,698/mo property income versus a $1,527/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
7,840 sqft lot
$N/A/sqft
No HOA
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Listed by: Tammy Shaver • Redfin Corporation
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1214237
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