For SaleRisky Deal9 days on market
2040 LARCHMONT DRIVE
2040 LARCHMONT DRIVE, DELAND, FL 32724, Deland, FL 32724
$439,000
Estimate®:$423,900
Listing Price
2040 LARCHMONT DRIVE, DELAND, FL 32724
Loc: Deland, FL
Days Listed
9
Tax Assessed
$330k
Estimate®
$424k
Market Rate
Lot Size
0.38 acres
Rent Estimate
$2,530/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
Freedom Elementary School
PK-5
1 mi away
4
Deland Middle School
6-8
1.1 mi away
6
Deland High School
PK,9-12
3.4 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-storybrick facadecovered porchwooden rocking chairswreathlandscaped yardtraditionalcozyexterior lightingwood sidingshuttersresidentialsuburbanwelcoming
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.99%
Total ROI
45.5%
Cash Flow
$-819/mo
DSCR
0.64
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-819/mo net cash flow with a 4.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Deland, FL
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2026-09-17 | Listed for sale | $439,000 | $214 |
| 2019-09-09 | Sold | $209,000 | $102 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,043.7 | $253,147 |
| 2024 | $3,085.16 | $195,414 |
| 2023 | $2,980 | $189,723 |
| 2022 | $2,917.07 | $184,197 |
| 2021 | $0 | $178,832 |
| 2020 | $2,973.07 | $176,363 |
| 2019 | $2,973.07 | $110,421 |
| 2018 | $1,531.6 | $98,048 |
| 2017 | $1,402.32 | $52,716 |
| 2016 | $852.52 | $48,762 |
| 2015 | $776.82 | $48,423 |
| 2014 | $774.83 | $48,039 |
| 2013 | $0 | $47,329 |
| 2012 | $0 | $46,538 |
| 2011 | $0 | $84,141 |
| 2010 | $0 | $109,387 |
| 2009 | $0 | $106,511 |
| 2007 | $0 | $103,306 |
| 2006 | $0 | $103,810 |
| 2005 | $0 | $97,850 |
| 2004 | $0 | $95,000 |
| 2003 | $0 | $93,229 |
| 2002 | $0 | $91,044 |
| 2001 | $0 | $89,611 |
| 2000 | $0 | $85,685 |
Similar Properties Nearby
Explore other investment opportunities in Deland.