Highgate Plan, Canopy Terrace,Deland,FL,32724

Investment Highlights

Rental property for sale in Deland at Highgate Plan, Canopy Terrace, Deland, FL, 32724 offers $2,874/mo rent that, after a $1,742/mo payment, leaves $512/mo cash flow. Total monthly income is $2,874/mo, and annual cash flow is $6,144/yr on $118,011 cash. Return on cash invested measures 25.12% in year one, and rental yield stands at 9.69% at a $355,990 entry. Equity gained on principal adds $2,297/yr while 5% annual appreciation compounds into $98,353 by year five. Five-year ROI records 131.34% and total cumulative return in cash reaches $154,990. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,874/mo property income versus a $1,742/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.