424 Luna Bella Ln APT 330New Smyrna BeachFL32168
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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 424 Luna Bella Ln APT 330, New Smyrna Beach, FL, 32168 earns $108/mo cash flow from $2,530/mo rent with a $1,786/mo payment. Total monthly income totals $2,530/mo, and annual cash flow totals $1,299/yr on $120,998 capital. ROI tracks 20.98% on current figures, and rental yield reads 8.32% at a $365,000 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 over five years. Five-year ROI reaches 109.21% and total cumulative return in cash sums $132,139. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,530/mo property income instead of your personal income.
Condo
Built in 2007
2.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32168, New Smyrna Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,367 (100%) |
| Owner Occupied HU | 12,739 (69.4%) |
| Renter Occupied HU | 3,324 (18.1%) |
| Vacant Housing Units | 2,304 (12.5%) |
| Median Home Value | $445,255 |
| Average Home Value | $493,608 |
Housing Distribution
Address Breakdown
Residential
16,555
Single Family
15,194
Multi-Family
1,361
Businesses
831
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Listed by: Pam Dean • LANE REALTY SERVICES, LLC
Mls Name: Stellar MLS
Mls ID: #V4943469