306 Sheldon StNew 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 306 Sheldon St, New Smyrna Beach, FL, 32168 at $205,000 posts ROI 24.62% with $267/mo cash flow from $1,627/mo rent. Total monthly income equals $1,627/mo, and annual cash flow records $3,204/yr on $67,958 to close. Return on cash invested measures 24.62% and rental yield reads 9.52% at the current $205,000. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 by year five. Five-year ROI prints 128.7% and total cumulative return in cash totals $87,462.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,627/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1939
3,772 sqft 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: Lori Schmerler, PA • BEACHSIDE REALTY OF VOLUSIA
Mls Name: Stellar MLS
Mls ID: #NS1084954