415 Bouchelle DrNew 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 415 Bouchelle Dr, New Smyrna Beach, FL, 32169 offers $5,862/mo rent that, after a $3,030/mo payment, leaves $1,754/mo cash flow. Total monthly income is $5,862/mo, and annual cash flow is $21,047/yr on $203,651 cash. Return on cash invested measures 30.4% in year one, and rental yield stands at 11.36% at a $619,000 entry. Equity gained on principal adds $3,994/yr while 5% annual appreciation compounds into $171,018 by year five. Five-year ROI records 159.63% and total cumulative return in cash reaches $325,081. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,862/mo property income versus a $3,030/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2001
1,141 sqft lot
$N/A/sqft
No 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: Evania Nichols • COLDWELL BANKER PREMIER
Mls Name: Stellar MLS
Mls ID: #O6333943