For SaleRisky Deal0 days on market
506 S ELSASSER STREET
506 S ELSASSER STREET, DELAND, FL 32720, Deland, FL 32720
$270,000
Listing Price
506 S ELSASSER STREET, DELAND, FL 32720
Loc: Deland, FL
Days Listed
0
Tax Assessed
$196k
Lot Size
10,880 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Edith I. Starke Elementary School
PK-5
0.7 mi away
5
Southwestern Middle School
6-8
0.8 mi away
6
Deland High School
PK,9-12
2.6 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle-storysolar panelsbrick accentsattached garagespacious lawnsuburbanpainted masonrylow-pitched roofresidentialwindow shutterswell-maintaineddriveway
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.01%
Total ROI
89.5%
Cash Flow
$-48/mo
DSCR
0.97
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-48/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • Strong rental demand in Deland
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-25 | Listed for sale | $270,000 | $170 |
| 2026-05-07 | Sold | $265,000 | $167 |
| 2026-04-23 | Pending sale | $268,000 | $169 |
| 2026-04-06 | Contingent | $268,000 | $169 |
| 2026-04-03 | Pending sale | $268,000 | $169 |
| 2026-03-19 | Listed for sale | $268,000 | $169 |
| 2022-10-12 | Sold | $200,000 | $126 |
| 2022-08-25 | Pending sale | $175,000 | $110 |
| 2022-08-19 | Listed for sale | $175,000 | $110 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,754.27 | $194,366 |
| 2024 | $2,689.68 | $188,889 |
| 2023 | $2,636.59 | $183,388 |
| 2022 | $2,882.39 | $145,917 |
| 2021 | $0 | $132,652 |
| 2020 | $527.38 | $53,812 |
| 2019 | $527.38 | $52,602 |
| 2018 | $544.73 | $51,621 |
| 2017 | $561.67 | $50,559 |
| 2016 | $586.64 | $49,519 |
| 2015 | $563.16 | $49,175 |
| 2014 | $573.52 | $48,785 |
| 2013 | $0 | $48,064 |
| 2012 | $0 | $47,261 |
| 2011 | $0 | $46,943 |
| 2010 | $0 | $49,290 |
| 2009 | $0 | $59,070 |
| 2007 | $0 | $57,292 |
| 2006 | $0 | $57,572 |
| 2005 | $0 | $54,267 |
| 2004 | $0 | $52,686 |
| 2003 | $0 | $51,704 |
| 2002 | $0 | $50,492 |
| 2001 | $0 | $49,697 |
| 2000 | $0 | $43,154 |
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