4141 S Atlantic Ave APT 707New 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
Investment property for sale in New Smyrna Beach at 4141 S Atlantic Ave APT 707, New Smyrna Beach, FL, 32169 uses $177,265 cash to close to unlock $3,347/yr annual cash flow and $279/mo monthly cash flow. Total monthly income runs $4,555/mo, and a $2,637/mo payment keeps the spread at $279/mo. Purchase price stands at $538,800, and rental yield measures 10.14% with $4,555/mo rent. Return on cash invested shows 21.95% in year one, and 5% annual appreciation builds toward $148,861 over five years. Five-year ROI reaches 116.04% and total cumulative return in cash records $205,701. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,555/mo property income covering a $2,637/mo payment rather than investor’s personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
$425 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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A