1717 Pine Ave · DeLand, FL 32724

$150,000

2 bd · 2.0 ba · 1,048 sqft · SingleFamily public records · 4 Days on market

Built 1960 0.31 ac lot

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Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +25.7/30.0
• DSCR +8.6/10.0
• ARV discount +7.5/15.0
• 1% rule +5.7/10.0
• Schools +3.9/10.0
• Livability +3.4/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Very clean, block home. Recently painted inside and out. Beautiful wood floors. New vinyl in kitchen, family room and utility room. Wood burning fireplace in the living room. Entire yard is fenced with access to the rear yard. Nice rear porch with new screening. The family room could be used as a third bedroom as the second bath is in the utility/closet.

Key facts

• Fenced yard
• Quiet side street
• 1/3 of an acre

Tags

• QUIET SIDE STREET
• FENCED YARD
• WOOD BURNING FIREPLACE
• 1/3 OF AN ACRE

Property features AI

Finance

• Other: Homestead exempt; Zoning: R-4
• HOA & community: No association; Development: Deland Highlands

Exterior

• Parking: Carport (1 space)
• Utilities: Well water; Septic sewer; Cable available
• Home design: Single family residence; Residential property; One level; Faces west
• Construction: Concrete construction; Shingle roof; Block foundation; Built on a 0.31-acre lot (approx. 90 x 150)
• Exterior features: Storage; Paved lot/driveway

Interior

• Kitchen: Range
• Bedrooms: 2 bedrooms
• Flooring: Wood flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: No heating; No cooling
• Interior features: Ceiling fans
• Laundry & utility: Outdoor laundry

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $358 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).

Location & tenants

• Location reads 68/100 on livability (#498 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A, crime B; Watch: amenities F, commute F, health & safety D-.
• Volusia (suburban): math 44% / reading 49% proficiency, ranked #47 of 73 in FL (top 64%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: George W. Marks Elementary School (math 48% / reading 53%, grade D+, #1,055 of 2,144 statewide, top 50%, 743 students, 61% FRL); Deland High School (math 26% / reading 45%, grade F, #367 of 667 statewide, top 57%, 2,926 students, 50% FRL) — zoned schools at 55% FRL track the district average.
• Market conditions: Rents rising (+2.8%/yr); 662 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 3,402 units permitted in Volusia County in 2024 (681 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Volusia County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 22y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $125k; 20% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $150,000

Questions for the listing agent

1. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.07% ✓
• Cap rate: 9.16%
• Cash-on-cash: 10.24%
• DSCR: 1.46
• GRM: 7.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.82% rent growth · sell at horizon

5-year hold

• IRR: -1.2%
• Equity multiple: 0.96×
• Total profit: $-1,829
• Equity at exit: $22,365

10-year hold

• IRR: 8.3%
• Equity multiple: 1.63×
• Total profit: $26,387
• Equity at exit: $12,969

Cash invested: $42,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32724

• Rents YoY: 2.8%
• Active inventory: 662
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,602 high
• Mortgage (P&I): −$787
• Tax from tax record: −$58 /mo · $699/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$336
• Net cashflow: $358

Break-even live

Break-even rent $1,149

Max offer price $150,000

Occupancy floor 73%

Sensitivity live

Price	-10% $443	-5% $401	+0% $358	+5% $316	+10% $273
Rent	-10% $232	-5% $295	+0% $358	+5% $422	+10% $485
Rate	-1.0pp $434	-0.5pp $396	base $358	+0.5pp $319	+1.0pp $280

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1727 Pine Ave Deland, FL	2.0	1.0	775	$1,300	$1.68	24d	1	0.11mi
1729 Pine Ave DeLand, FL	2.0	1.0	775	$1,300	$1.68	24d	1	0.12mi
1821 Oak St Deland, FL	3.0	2.0	1216	$1,650	$1.36	24d	1	0.18mi
1618 Magnolia Ave Deland, FL	2.0	1.0	1010	$2,200	$2.18	24d	1	0.28mi
1608 Pine Ave Deland, FL	3.0	1.0	912	$1,450	$1.59	15d	1	0.31mi
2076 N Kepler Rd DeLand, FL	2.0	1.0	775	$1,550	$2.00	24d	1	0.37mi
1901 N Kepler Rd DeLand, FL	2.0	1.0	1000	$1,300	$1.30	15d	1	0.59mi
1510 1st Ave Deland, FL	3.0	2.0	1272	$1,955	$1.54	24d	1	1.13mi

Listing history 19 events

1. 2026-05-14
   status Pending
2. 2026-05-08
   listed $150,000 Active
3. 2017-07-20
   soldstatus $125,000
4. 2017-07-19
   soldstatus $125,000 Sold 356-char remark

   Show marketing remark (356 chars)

   Very clean, block home. Recently painted inside and out. Beautiful wood floors. New vinyl in kitchen, family room and utility room. Wood burning fireplace in the living room. Entire yard is fenced with access to the rear yard. Nice rear porch with new screening. The family room could be used as a third bedroom as the second bath is in the utility/closet.

5. 2017-06-27
   status Pending 356-char remark

   Show marketing remark (356 chars)

   Very clean, block home. Recently painted inside and out. Beautiful wood floors. New vinyl in kitchen, family room and utility room. Wood burning fireplace in the living room. Entire yard is fenced with access to the rear yard. Nice rear porch with new screening. The family room could be used as a third bedroom as the second bath is in the utility/closet.

6. 2017-06-15
   status Active 356-char remark

   Show marketing remark (356 chars)

   Very clean, block home. Recently painted inside and out. Beautiful wood floors. New vinyl in kitchen, family room and utility room. Wood burning fireplace in the living room. Entire yard is fenced with access to the rear yard. Nice rear porch with new screening. The family room could be used as a third bedroom as the second bath is in the utility/closet.

7. 2017-05-04
   status Pending 356-char remark

   Show marketing remark (356 chars)

   Very clean, block home. Recently painted inside and out. Beautiful wood floors. New vinyl in kitchen, family room and utility room. Wood burning fireplace in the living room. Entire yard is fenced with access to the rear yard. Nice rear porch with new screening. The family room could be used as a third bedroom as the second bath is in the utility/closet.

8. 2017-04-20
   price $129,000 356-char remark

   Show marketing remark (356 chars)

   Very clean, block home. Recently painted inside and out. Beautiful wood floors. New vinyl in kitchen, family room and utility room. Wood burning fireplace in the living room. Entire yard is fenced with access to the rear yard. Nice rear porch with new screening. The family room could be used as a third bedroom as the second bath is in the utility/closet.

9. 2017-04-14
   price $131,000 356-char remark

   Show marketing remark (356 chars)

   Very clean, block home. Recently painted inside and out. Beautiful wood floors. New vinyl in kitchen, family room and utility room. Wood burning fireplace in the living room. Entire yard is fenced with access to the rear yard. Nice rear porch with new screening. The family room could be used as a third bedroom as the second bath is in the utility/closet.

10. 2017-04-06
    listed $135,000 Active 356-char remark

    Show marketing remark (356 chars)

    Very clean, block home. Recently painted inside and out. Beautiful wood floors. New vinyl in kitchen, family room and utility room. Wood burning fireplace in the living room. Entire yard is fenced with access to the rear yard. Nice rear porch with new screening. The family room could be used as a third bedroom as the second bath is in the utility/closet.

11. 2005-09-10
    soldstatus $150,000
12. 2005-08-26
    soldstatus $150,000 534-char remark

    Show marketing remark (534 chars)

    Extensive remodeling and rebuilding. Carport, bonus room, new roof, refinished oak floors, bonus room has full new bath, A/C could be added for additional 168 SQ FTNatural oak floors, 7 rooms includes full bath and laundry, hook-up in bonus room. Fllorida room has window a/c. Screened porch with wide over-hang. 2 wells. One for irrigation which is not installed. New roof, new carport, new driveway, new bonus room, new bath! Work done by Balduaff construction, Gullidge roofing. Wood building in rear has electric. PRECIOUS HOME!

13. 2005-07-28
    historical 534-char remark

    Show marketing remark (534 chars)

    Extensive remodeling and rebuilding. Carport, bonus room, new roof, refinished oak floors, bonus room has full new bath, A/C could be added for additional 168 SQ FTNatural oak floors, 7 rooms includes full bath and laundry, hook-up in bonus room. Fllorida room has window a/c. Screened porch with wide over-hang. 2 wells. One for irrigation which is not installed. New roof, new carport, new driveway, new bonus room, new bath! Work done by Balduaff construction, Gullidge roofing. Wood building in rear has electric. PRECIOUS HOME!

14. 2005-07-27
    listed $157,500 534-char remark

    Show marketing remark (534 chars)

    Extensive remodeling and rebuilding. Carport, bonus room, new roof, refinished oak floors, bonus room has full new bath, A/C could be added for additional 168 SQ FTNatural oak floors, 7 rooms includes full bath and laundry, hook-up in bonus room. Fllorida room has window a/c. Screened porch with wide over-hang. 2 wells. One for irrigation which is not installed. New roof, new carport, new driveway, new bonus room, new bath! Work done by Balduaff construction, Gullidge roofing. Wood building in rear has electric. PRECIOUS HOME!

15. 2004-06-18
    soldstatus $87,000
16. 2004-06-11
    soldstatus $87,000
17. 2004-05-05
    historical
18. 2004-03-28
    listed $92,900
19. 1994-01-12
    soldstatus $50,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $699 · $58/mo
• Projected year-2 tax: $1,245 · $104/mo
• Expected delta: +$546/yr (+$45/mo · 78.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,226
• − Mortgage interest: −$8,402
• − Property taxes: −$699
• − Insurance: −$750
• − Repairs & maintenance: −$1,538
• − Management: −$1,538
• − Depreciation: −$4,364
• Taxable income: $1,935
• Est. tax owed @ 24.0%: −$464
• After-tax cash flow: $3,836/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Volusia
• NCES district ID: 1201920
• Math proficiency: 44% ▼ -9.00%
• Reading proficiency: 49% ▼ -3.00%
• Median HH income: $42,946
• Composite: 39.2/100
• National rank: #4019
• State rank: #47 of 73 in FL

Livability — DeLand

• Score: 68/100
• State rank: #498
• US rank: #9197

Category grades

Amenities F Commute F Cost of living A Crime B Employment C Housing A+ Health & safety D- User ratings A-

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Volusia County · 556,871 people
• City population: 81,399
• Metro: Deltona-Daytona Beach-Ormond Beach, FL
• Population (ZIP): 45,140
• Household income: $73,592
• Rent vs Own: 22.2% rent · 77.8% own
• Severe rent burden: 942.0

Population outlook (Volusia County) Hauer SSP2

• Today (2025): 572,749 people
• By 2030: 598,695 · +4.5%
• By 2040: 644,880 · +12.6%
• By 2050: 681,451 · +19.0%
• By 2075: 759,957 · +32.7%
• By 2100: 778,902 · +36.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Hispanic / Latino 19% Two or more races 9% Black 6% Asian 1%
• Hispanic origin (detail): Mexican 9% Puerto Rican 5%
• Common ancestry: Romanian 2% Slovak 2% Lithuanian 2%
• Foreign-born: 10% · Canada, Jamaica
• Languages at home: 83% English-only · Spanish 14% Other Indo-European 1% French/Haitian/Cajun 1%

Political lean MEDSL · Volusia

• 2024 margin: Strong R (+21.8) · D 38.7% · R 60.5%
• 2008→2024 swing: -27.4pp toward R · 2008: 5.7pp · 2024: -21.8pp
• All cycles: 2024: R+21.8 2020: R+14.1 2016: R+13.1 2012: R+1.2 2008: D+5.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -215.80%
• Current HPI: 297.1837
• Rent YoY: ▲ 2.82%
• Metro: Deltona-Daytona Beach-Ormond Beach, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+200.0% since first listed

19 events — show timeline

• 2026-05-14 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-08 Listed $150,000 Stellar MLS as Distributed by MLS Grid
• 2017-07-20 Sold (Public Records) $125,000 Public Records
• 2017-07-19 Sold (MLS) $125,000 Stellar MLS as Distributed by MLS Grid
• 2017-06-27 Pending — Stellar MLS as Distributed by MLS Grid
• 2017-06-15 Relisted — Stellar MLS as Distributed by MLS Grid
• 2017-05-04 Pending — Stellar MLS as Distributed by MLS Grid
• 2017-04-20 Price Changed $129,000 Stellar MLS as Distributed by MLS Grid
• 2017-04-14 Price Changed $131,000 Stellar MLS as Distributed by MLS Grid
• 2017-04-06 Listed $135,000 Stellar MLS as Distributed by MLS Grid
• 2005-09-10 Sold (Public Records) $150,000 Public Records
• 2005-08-26 Sold (MLS) $150,000 Stellar MLS as Distributed by MLS Grid
• 2005-07-28 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2005-07-27 Listed $157,500 Stellar MLS as Distributed by MLS Grid
• 2004-06-18 Sold (Public Records) $87,000 Public Records
• 2004-06-11 Sold (MLS) $87,000 Stellar MLS as Distributed by MLS Grid
• 2004-05-05 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2004-03-28 Listed $92,900 Stellar MLS as Distributed by MLS Grid
• 1994-01-12 Sold (Public Records) $50,000 Public Records

Property tax history

-6.6%/yr

Latest (2025): $699 · +3.0% YoY. Source: county tax records.