38 Cedar Dunes DrNew 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 38 Cedar Dunes Dr, New Smyrna Beach, FL, 32169 earns $618/mo cash flow from $3,343/mo rent with a $1,828/mo payment. Total monthly income totals $3,343/mo, and annual cash flow totals $7,417/yr on $123,815 capital. ROI tracks 25.9% on current figures, and rental yield reads 10.74% at a $373,500 purchase. Equity gained on principal adds $2,410/yr, and 5% annual appreciation supports $103,191 over five years. Five-year ROI reaches 136.44% and total cumulative return in cash sums $168,936. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,343/mo property income instead of your personal income.
Single Family
Built in 1980
N/A lot
$N/A/sqft
$130 monthly 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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