Fractional Ownership. Great Location! Ease access to major corridors to get around town. This fixer upper has a large yard that is fenced, but does need a driveway gate. Great for investors looking for long term rentals. This is a six month minimum rental area. Nice mature oak trees for plenty of shade from the scorching summer heat. Home is located in flood zone X, which does not require flood insurance. Hurry before you miss your chance to break into the rental market.
Type:
Single-family residential
Laundry Remarks:
Electric Dryer Hookup, Washer Hookup
Subdivision:
DIXIE RIDGE ESTATES
Heating:
Central, Electric
Utilities
Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
Appliances:
Range, Range Hood, Refrigerator
1218 Leon LANE, Daytona Beach, FL, 32117
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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