Renting
Owning
With today’s low interest rates, now is the time to buy a brand new home or townhome at Rivington in DeBary, FL! Break free of the rental cycle with a more affordable monthly payment and take pride in homeownership.
FIND YOUR DREAM HOME AT RIVINGTON
from the upper $200s
Advantages of Owning a Home
Building Long-term Equity
For every mortgage payment you make on your new home, you are investing in your future and building equity. On the contrary, a rental payment builds equity for the landlord and his future.
Tax Benefits
Owning a home allows you to deduct the mortgage interest as well as the property taxes you pay each year. If broken down by month, the savings is significant and can be less expensive than renting.
Consistent Mortgage Payment
A fixed-rate mortgage means your monthly mortgage payment will never change and you can budget accordingly. A monthly rent payment however, can increase unexpectedly from a landlord.
Personalization
Owning a home allows you the freedom to make it your own and can add value overtime. Renting on the other hand, limits your ability to customize a property with your style.
Renting Stats
Average monthly rent for two bedroom apartment in DeBary, FL.
$1,540
6% increase compared to the previous year
Average monthly rent for two bedroom apartment in Sanford, FL.
$1,460
15% increase compared to the previous year
Average monthly rent for two bedroom apartment in Lake Mary, FL
$1,675
24% increase compared to the previous year
