Windermere Plan, Lakewood Park,Deland,FL,32724

Investment Highlights

Investment property for sale in Deland at Windermere Plan, Lakewood Park, Deland, FL, 32724 offers a 11.32% rental yield on a $373,990 purchase with $3,529/mo rent. Total monthly income registers $3,529/mo, and a $1,830/mo payment leaves $1,048/mo available for distribution. Annual cash flow reaches $12,572/yr on $123,978 to close, and return on cash invested stands at 30.05% in year one. Equity gained on principal adds $2,413/yr while 5% annual appreciation supports $103,327 over five years. Portfolio math shows five-year ROI at 157.82% and total cumulative return in cash at $195,658. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,529/mo property income against a $1,830/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.