Mulberry Plan, Lakewood Park,Deland,FL,32724

Investment Highlights

Investment property for sale in Deland at Mulberry Plan, Lakewood Park, Deland, FL, 32724 at $385,990 posts ROI 22.2% with $245/mo cash flow from $2,806/mo rent. Total monthly income equals $2,806/mo, and annual cash flow records $2,937/yr on $127,956 to close. Return on cash invested measures 22.2% and rental yield reads 8.72% at the current $385,990. Equity gained on principal adds $2,491/yr, and 5% annual appreciation supports $106,642 by year five. Five-year ROI prints 115.73% and total cumulative return in cash totals $148,089.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,806/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).