Pros & Cons of 735 E Carolina Ave, Deland, FL 32724

This beautifully renovated home offers a compelling opportunity for real estate investors, showcasing a blend of modern amenities and a desirable location. With a strong cash on cash return of 6.5% and a cap rate of 8.1%, this property stands out as a lucrative investment. The recent updates, including a new roof and AC, enhance its appeal, while the spacious split bedroom floor plan caters to various living arrangements, making it attractive for potential renters. However, investors should also consider the ongoing maintenance costs and the competitive rental market in the area, which could impact rental income stability.

Final Thoughts on Your Investment Opportunity

Investing in this property presents a balanced opportunity with both attractive financial metrics and some considerations to keep in mind. The strong cash flow and cap rate suggest a solid return on investment, particularly for those looking to capitalize on the growing rental market in the area. However, potential investors should remain vigilant about market conditions and ongoing maintenance costs that could impact profitability. Overall, this property could be a valuable addition to your investment portfolio, especially for those seeking a move-in-ready home with modern amenities. Don't miss out on the chance to secure this investment before the new year!