3107 Crab Trap DrNew Smyrna BeachFL32168
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3107 Crab Trap Dr, New Smyrna Beach, FL, 32168 priced at $367,500 pairs $2,760/mo rent with $321/mo cash flow after a $1,799/mo payment. Total monthly income equals $2,760/mo, and annual cash flow comes to $3,851/yr on $121,826 invested. Return on cash invested is 23.07% in year one, and rental yield stands at 9.01% on a $367,500 basis. Equity gained on principal adds $2,371/yr, and 5% annual appreciation accumulates to $101,533 by year five. Five-year ROI measures 120.38% and total cumulative return in cash reaches $146,652. For financing, Ziffy Mortgage’s DSCR program evaluates $2,760/mo property income against a $1,799/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
6,098 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Seann Finnegan • Gaff's Realty Company
Mls Name: DBAMLS
Mls ID: #1213543