335 N Causeway E5 NewNew Smyrna BeachFL32169
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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 335 N Causeway E5 New, New Smyrna Beach, FL, 32169 generates $1,656/mo in rent and, after a $1,145/mo payment, leaves $103/mo in cash flow. Total monthly income is $1,656/mo, and annual cash flow is $1,241/yr on $77,571 invested. Return on cash invested sits at 21.51% in year one, and rental yield is 8.49% on a $234,000 entry. Equity gained on principal adds $1,510/yr, while 5% annual appreciation builds toward $64,650 over five years. Five-year ROI reaches 112.03% and total cumulative return in cash sums $86,907. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,656/mo property income rather than buyer’s personal income.
Condo
Built in 1973
3.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32169, New Smyrna Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,709 (100%) |
| Owner Occupied HU | 4,846 (41.4%) |
| Renter Occupied HU | 910 ( 7.8%) |
| Vacant Housing Units | 5,953 (50.8%) |
| Median Home Value | $580,722 |
| Average Home Value | $661,502 |
Housing Distribution
Address Breakdown
Residential
10,598
Single Family
5,389
Multi-Family
5,209
Businesses
383
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Listed by: Chad Carlton • THE KEYES COMPANY
Mls Name: The Keyes Company/Realtors
Mls ID: #1085519