2567 Fairmont AveNew 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 2567 Fairmont Ave, New Smyrna Beach, FL, 32168 uses $102,102 cash to close to unlock $595/yr annual cash flow and $50/mo monthly cash flow. Total monthly income runs $2,094/mo, and a $1,508/mo payment keeps the spread at $50/mo. Purchase price stands at $308,000, and rental yield measures 8.16% with $2,094/mo rent. Return on cash invested shows 20.49% in year one, and 5% annual appreciation builds toward $85,095 over five years. Five-year ROI reaches 106.57% and total cumulative return in cash records $108,808. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,094/mo property income covering a $1,508/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.26 Acres lot
$N/A/sqft
No 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: Cliff Glansen • FLATFEE.COM
Mls Name: Stellar MLS
Mls ID: #A4671532