3663 S Atlantic Ave APT 20CNew Smyrna BeachFL32169
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 $3,202/mo, and a $2,668/mo payment. Purchase price stands at $545,000, and rental yield measures 7.05% with $3,202/mo rent. Return on cash invested shows 10.21% in year one, and 5% annual appreciation builds toward $150,573 over five years. Five-year ROI reaches 53.97% and total cumulative return in cash records $96,768. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,202/mo property income covering a $2,668/mo payment rather than investor’s personal income.
Condo
Built in 1971
2.81 Acres lot
$N/A/sqft
$2,750 quarterly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marisa Gillman-Denton • EXP Realty LLC
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1203141
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.