3800 Saxon Dr #B-28New 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
Rental property for sale in New Smyrna Beach at 3800 Saxon Dr #B-28, New Smyrna Beach, FL, 32169 priced at $280,000 pairs $4,334/mo rent with $2,012/mo cash flow after a $1,370/mo payment. Total monthly income equals $4,334/mo, and annual cash flow comes to $24,148/yr on $92,820 invested. Return on cash invested is 45.92% in year one, and rental yield stands at 18.57% on a $280,000 basis. Equity gained on principal adds $1,807/yr, and 5% annual appreciation accumulates to $77,359 by year five. Five-year ROI measures 245.14% and total cumulative return in cash reaches $227,541. For financing, Ziffy Mortgage’s DSCR program evaluates $4,334/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1973
12.63 Acres lot
$N/A/sqft
$464 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pat Collado • COLLADO REAL ESTATE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #NS1082249
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511