343 Venetian Palms BlvdNew 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
Total monthly income runs $4,336/mo, and a $3,411/mo payment. Purchase price stands at $697,000, and rental yield measures 7.47% with $4,336/mo rent. Return on cash invested shows 18.2% in year one, and 5% annual appreciation builds toward $192,568 over five years. Five-year ROI reaches 94.37% and total cumulative return in cash records $216,394. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,336/mo property income covering a $3,411/mo payment rather than investor’s personal income.
Single Family
Built in 2021
8,712 sqft lot
$N/A/sqft
$800 annually 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: Don Bell • RE/MAX Signature
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1202598
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.