335 N Causeway E50New 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
Investment property for sale in New Smyrna Beach at 335 N Causeway E50, New Smyrna Beach, FL, 32169 uses $75,781 cash to close to unlock $22,114/yr annual cash flow and $1,843/mo monthly cash flow. Total monthly income runs $3,360/mo, and a $1,119/mo payment keeps the spread at $1,843/mo. Purchase price stands at $228,600, and rental yield measures 17.64% with $3,360/mo rent. Return on cash invested shows 49.09% in year one, and 5% annual appreciation builds toward $63,158 over five years. Five-year ROI reaches 259.92% and total cumulative return in cash records $196,967. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,360/mo property income covering a $1,119/mo payment rather than investor’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: N/A • N/A
Mls Name: The Keyes Company/Realtors
Mls Provider:
Mls ID: #NS1085519