Carlisle Plan, Andover RidgeDelandFL32720
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, Carlisle Plan, Andover Ridge, Deland, FL, 32720 in Deland deserves attention. This $417,990 property earns $3,526/mo in rent, a 10.12% gross yield, and nets $752/mo after the $1,880/mo payment. DSCR 1.88 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $115,483 compounds alongside $3,850/yr in yearly equity build, for a total cumulative return of $207,661.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.5% |
| Monthly Cash Flow | $752 | $300 |
City averages based on Deland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,526 |
| Total Monthly Debt Service | $2,608 |
| DSCR Ratio | 1.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32720, Deland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,233 (100%) |
| Owner Occupied HU | 10,078 (66.2%) |
| Renter Occupied HU | 4,027 (26.4%) |
| Vacant Housing Units | 1,128 ( 7.4%) |
| Median Home Value | $384,984 |
| Average Home Value | $417,830 |
Housing Distribution
Address Breakdown
Residential
14,114
Single Family
13,305
Multi-Family
809
Businesses
1,178
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32720, Deland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,233 (100%) |
| Owner Occupied HU | 10,078 (66.2%) |
| Renter Occupied HU | 4,027 (26.4%) |
| Vacant Housing Units | 1,128 ( 7.4%) |
| Median Home Value | $384,984 |
| Average Home Value | $417,830 |
Housing Distribution
Address Breakdown
Residential
14,114
Single Family
13,305
Multi-Family
809
Businesses
1,178
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
