2 Country Club DrNew Smyrna BeachFL32168
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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
Investment property for sale in New Smyrna Beach at 2 Country Club Dr, New Smyrna Beach, FL, 32168 uses $73,593 cash to close to unlock $6,580/yr annual cash flow and $548/mo monthly cash flow. Total monthly income runs $2,394/mo, and a $1,087/mo payment keeps the spread at $548/mo. Purchase price stands at $222,000, and rental yield measures 12.94% with $2,394/mo rent. Return on cash invested shows 28.85% in year one, and 5% annual appreciation builds toward $61,335 over five years. Five-year ROI reaches 153.62% and total cumulative return in cash records $113,055. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,394/mo property income covering a $1,087/mo payment rather than investor’s personal income.
Multi Family
Built in 1973
1,028 sqft lot
$N/A/sqft
$372 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32168, New Smyrna Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,367 (100%) |
| Owner Occupied HU | 12,739 (69.4%) |
| Renter Occupied HU | 3,324 (18.1%) |
| Vacant Housing Units | 2,304 (12.5%) |
| Median Home Value | $445,255 |
| Average Home Value | $493,608 |
Housing Distribution
Address Breakdown
Residential
16,555
Single Family
15,194
Multi-Family
1,361
Businesses
831
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Listed by: Mike Gunsallus • ALLPHASE REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #V4937398
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511