1600 N Atlantic AveNew 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 1600 N Atlantic Ave, New Smyrna Beach, FL, 32169 priced at $1,600,000 pairs $6,154/mo rent with after a $7,831/mo payment. Total monthly income equals $6,154/mo. Return on cash invested is 9.79% in year one, and rental yield stands at 4.62% on a $1,600,000 basis. Equity gained on principal adds $10,325/yr, and 5% annual appreciation accumulates to $442,051 by year five. Five-year ROI measures 49.16% and total cumulative return in cash reaches $254,835. For financing, Ziffy Mortgage’s DSCR program evaluates $6,154/mo property income against a $7,831/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
10,703 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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