Glen Ridge Plan, Lakewood Park,Deland,FL,32724

Investment Highlights

Investment property for sale in Deland at Glen Ridge Plan, Lakewood Park, Deland, FL, 32724 at $337,990 posts ROI 27.53% with $711/mo cash flow from $2,954/mo rent. Total monthly income equals $2,954/mo, and annual cash flow records $8,536/yr on $112,044 to close. Return on cash invested measures 27.53% and rental yield reads 10.49% at the current $337,990. Equity gained on principal adds $2,181/yr, and 5% annual appreciation supports $93,380 by year five. Five-year ROI prints 144.3% and total cumulative return in cash totals $161,675.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,954/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).