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Virtually Staged. 4381 Mixon Drive is a two-bedroom, two-bathroom single family home positioned on approximately one acre of land in DeLand, Florida, within Volusia County, presented in as-is condition as a true fix-and-flip opportunity for investors, value-add buyers, and contractors seeking meaningful upside in a growing West Volusia residential market. With comfortable interior living space and a finished garage situated on a generous one-acre homesite, this DeLand property delivers the kind of lot size and improvement potential seldom available at this price point in the broader Central Florida corridor. The home was originally built in the mid-1980s with wood construction and has remained substantially unchanged through the current ownership, allowing the next owner to bring fresh design vision and full personalization to the interior without working around someone else's renovation choices. The floor plan provides a workable footprint for value-add renovation, supporting a primary suite, dedicated home office, guest accommodations, or flexible living space depending on the investor's target end-buyer profile. Recent roof work has been completed by the current seller, a new submersible well pump has been installed, the septic system handles on-site waste service, and individual AC unit installation is currently underway. The property is paid off and carries no mortgage liens, simplifying the closing process and supporting a clean cash transaction for qualified investor buyers. The home does need renovation including interior refresh, additional roof attention, and wall work on one wall, but these items represent classic fix-and-flip line items that allow for built-in equity through controlled improvement decisions. The defining feature is the approximately one-acre homesite, providing more usable yard space, privacy buffer, and outdoor improvement room than typical interior neighborhood parcels, with room for outdoor entertaining, gardening, RV or boat storage, future shed or workshop placement, or additional outdoor improvements. The finished garage provides covered parking and additional storage capacity. With no HOA in place, the buyer enjoys full ownership flexibility without monthly association dues, restrictions, or use limitations, a meaningful advantage for investors evaluating short-term resale, long-term rental positioning, or owner-occupant renovation strategies. The DeLand location places residents within convenient driving distance of historic downtown DeLand, Stetson University, the DeLand Historic District, regional shopping and dining, medical facilities, major roadways including US-92, SR 44, and I-4, with accessible reach to Lake Beresford, Hontoon Island State Park, Blue Spring State Park, the St. Johns River, Daytona Beach, Orlando, and the broader Volusia County employment markets and Central Florida tourism corridors. For investors evaluating a fix-and-flip with a one-acre lot, paid-off title, no HOA, and clear value-add path, or for buyers seeking entry-level DeLand pricing with meaningful renovation upside in a growing Volusia County corridor, 4381 Mixon Drive merits serious consideration at current market value
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NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $151,920 | $151,920 | $151,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.866% |
| Monthly Tax Payment | $245 | $245 | $245 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $910 | $948 | $1,251 |
| Total Monthly Payment | $1,230 | $1,268 | $1,571 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.