1421 Beacon StNew Smyrna BeachFL32169
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in New Smyrna Beach at 1421 Beacon St, New Smyrna Beach, FL, 32169 priced at $1,100,000 converts $3,905/mo rent into after a $5,384/mo obligation. Total monthly income equals $3,905/mo. Return on cash invested prints 8.94% in year one, and rental yield reads 4.26% against a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation compiles into $303,910 by year five. Five-year ROI reaches 44.53% and total cumulative return in cash sums $158,707. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,905/mo property income covering a $5,384/mo payment, not borrower’s personal income.
Single Family
Built in 1976
9,375 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32169, New Smyrna Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,709 (100%) |
| Owner Occupied HU | 4,846 (41.4%) |
| Renter Occupied HU | 910 ( 7.8%) |
| Vacant Housing Units | 5,953 (50.8%) |
| Median Home Value | $580,722 |
| Average Home Value | $661,502 |
Housing Distribution
Address Breakdown
Residential
10,598
Single Family
5,389
Multi-Family
5,209
Businesses
383
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Listed by: Jason Fieldman • COLLADO REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #NS1087031