Welcome to your next incredible investment opportunity! Nestled in the serene and peaceful city of Deltona, this captivating 3-bedroom, 2-bathroom home offers an impressive 1594 square feet of living space. Currently tenant-occupied with a robust cap rate nearing 6%, this property promises not only a sound investment but also a home that exudes comfort and charm.
As you step into this meticulously maintained residence, you'll immediately appreciate the thoughtfully designed split floor plan that creates a sense of openness throughout the home. The seamless flow from room to room enhances the overall spacious feel, providing an inviting atmosphere for both residents and guests alike.
One of the outstanding features of this property is its unique location. Tucked away in a quiet and peaceful area, the home boasts a sense of seclusion that is a rare find in today's bustling real estate market. With no rear neighbors and situated near a dead end, you can enjoy unparalleled privacy and tranquility, creating a retreat-like ambiance that is truly priceless.
The property's exterior is as captivating as its interior. The well-manicured lawn and landscaping enhance the curb appeal, making a striking first impression. Imagine enjoying your morning coffee on the back patio, surrounded by the beauty of nature and the soothing sounds of a peaceful environment.
This home is not just a financial asset; it's an investment in a lifestyle. Whether you're an experienced investor looking to diversify your portfolio or a first-time buyer eager to secure a property with both immediate returns and long-term potential, this residence checks all the boxes.
Speaking of returns, the current tenant occupancy ensures a steady income stream, and with a cap rate approaching 6%, this property stands out as a lucrative addition to your investment portfolio. The stability and reliability of a tenant in place offer a hassle-free transition for the new owner, providing instant peace of mind and financial security.
Beyond the financials, the home's great condition speaks volumes about its care and maintenance. From the kitchen to the well-appointed bedrooms and bathrooms, every corner of this residence reflects a commitment to quality and comfort. This isn't just a house; it's a home that has been cherished and cared for.
As you consider this remarkable investment opportunity, envision the potential for growth and the prospect of adding value to your real estate portfolio. Deltona is a growing market, and with its strategic location, this property offers both immediate rewards and promising future returns.
In conclusion, seize the chance to make this 3-bedroom, 2-bathroom gem in Deltona a cornerstone of your investment strategy. The combination of a positive cap rate, tenant stability, and the undeniable charm of this property make it a standout choice for investors seeking both financial success and a place to call home.
Don't miss out on this exceptional opportunity to secure your financial future and invest in a property that promises not only a solid return on investment but also a lifestyle of comfort and tranquility. Take action now, and make this Deltona residence the next crown jewel in your real estate portfolio! Contact us today to schedule a private showing and witness the magic of this investment opportunity firsthand.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$300,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $240,000 | $240,000 | $240,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $356 | $356 | $356 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,597 | $1,595 | $2,058 |
Total Monthly Payment | $2,028 | $2,026 | $2,489 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.