Deland Flip

Deland Flip

3 bed 2 bath 1526 sq ft Built in 1949 Single Family
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73
Quality of Comparables
Low High
18 /20
Level of Rehab
Heavy Light
11/20
Location of Neighborhood
Far Close
18/20
Quality of Floor Plan
Choppy Flowing
11/20
School Rating
F A
6/10
Placement in Neighborhood
Busy Calm
9/10
Property Details

Presenting a mid-century 3-bedroom, 2-bath home situated on an oversized .48-acre corner lot in the heart of DeLand—an increasingly desirable market with strong demand and long-term upside. Just minutes from Stetson University and Historic Downtown DeLand, the property is ideally positioned near popular restaurants, boutique shopping, the Friday night market, seasonal events, and offers quick access to I-4, Amtrak, and SunRail for convenient commuting. 

The home offers substantial value-add potential with recommended updates including fresh interior and exterior paint, new flooring throughout, bathroom renovations, ceiling updates for consistency, and opening the kitchen to create a modern, open-concept layout. While the property will require a new roof, major systems such as the A/C and water heater are already updated, reducing immediate larger expenses. 

With its expansive corner lot, prime location, and solid structure, this property presents an excellent opportunity for either student rental income or a stylish renovation and resale. A rare chance to unlock value in a prime DeLand location—this is a project with the potential to become a true neighborhood standout.

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We recommend flip
Rental Income
$2,100 mo. / $25,200 yr.
Estimated Taxes
$4,000 / yr.
Maintenance
$250 / yr.
HOA Dues
$0 / yr.
$16,930
Projected Income
7.68%
Estimated APY
$39,625
Projected Income
14.39%
Estimated ROI

Comps

 
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