633 Chestnut Ct,Deland,FL,32724

Investment Highlights

Rental property for sale in Deland at 633 Chestnut Ct, Deland, FL, 32724 generates $969/mo in rent and, after a $611/mo payment, leaves $140/mo in cash flow. Total monthly income is $969/mo, and annual cash flow is $1,686/yr on $41,404 invested. Return on cash invested sits at 23.98% in year one, and rental yield is 9.31% on a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 125.31% and total cumulative return in cash sums $51,886. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $969/mo property income rather than buyer’s personal income.