155 Breezeway CtNew 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 155 Breezeway Ct, New Smyrna Beach, FL, 32169 priced at $299,000 converts $2,086/mo rent into after a $1,463/mo obligation. Total monthly income equals $2,086/mo. Return on cash invested prints 16.61% in year one, and rental yield reads 8.37% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 87.41% and total cumulative return in cash sums $86,638. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,086/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Townhouse
Built in 1987
2,178 sqft lot
$N/A/sqft
$375 monthly 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: Roger Kincaid • Kincaid Realty
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1205388
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.