430 Bouchelle Dr APT 402New 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 430 Bouchelle Dr APT 402, New Smyrna Beach, FL, 32169 with 5% annual appreciation on a $350,190 basis while $3,045/mo rent supports operations. Total monthly income totals $3,045/mo and a $1,714/mo payment preserves $214/mo for cash returns. Annual cash flow comes to $2,572/yr on $116,088 deployed, and return on cash invested reaches 22.12% in year one. Equity gained on principal adds $2,260/yr, and five-year appreciation sums $96,751 alongside rental yield of 10.43%. Five-year ROI measures 117.23% and total cumulative return in cash totals $136,093.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,045/mo property income versus a $1,714/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2004
N/A lot
$N/A/sqft
$458 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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Listed by: N/A • N/A
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