3241 Carpentaria 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
Rental property for sale in New Smyrna Beach at 3241 Carpentaria Dr, New Smyrna Beach, FL, 32168 offers $2,780/mo rent that, after a $1,784/mo payment, leaves $248/mo cash flow. Total monthly income is $2,780/mo, and annual cash flow is $2,980/yr on $120,799 cash. Return on cash invested measures 22.38% in year one, and rental yield stands at 9.15% at a $364,400 entry. Equity gained on principal adds $2,351/yr while 5% annual appreciation compounds into $100,677 by year five. Five-year ROI records 117.08% and total cumulative return in cash reaches $141,431. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,780/mo property income versus a $1,784/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
N/A 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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