**Investment Portfolio Opportunity!** This exclusive package features five single-family homes, each currently rented, making it an ideal addition to any investor's portfolio. The properties included in this offering are located at 750 W Pennsylvania Ave, Deland; 1299 Fountainhead Dr, Deltona; 2481 Austin Ave, Deltona; 710 Loomis Ave, Daytona Beach; and 530 Washington St, Daytona Beach. At 1299 Fountainhead Dr, you’ll find a delightful 2-bedroom, 1-bathroom block home set on nearly a quarter-acre of land. Inside, an open-concept layout with tile flooring seamlessly guides you through the living spaces, while a window-lined bonus room at the back of the home offers versatile use. The property also features an indoor laundry room for added convenience, and French doors open to a patio that overlooks a generously sized, partially fenced backyard. Located just moments from Lake Gleason Park, with nearby shopping and dining options, this home offers a lifestyle of comfort and accessibility. With easy access to I-4 and just a 30-minute drive south of Daytona Beach, this property is a valuable addition to your investment portfolio.
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:
$800,000
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 | $640,000 | $640,000 | $640,000 |
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 | $180 | $180 | $180 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,258 | $4,254 | $5,488 |
Total Monthly Payment | $4,530 | $4,526 | $5,760 |
* 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.