4325 Sea Mist Dr APT 247New 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 4325 Sea Mist Dr APT 247, New Smyrna Beach, FL, 32169 listed at $329,000 pairs $2,228/mo rent with a $1,610/mo payment to leave $45/mo cash flow. Total monthly income runs $2,228/mo, and annual cash flow reaches $540/yr on $109,064 cash to close. Return on cash invested measures 20.4% in year one, and rental yield registers 8.13% at a $329,000 basis. Equity gained on principal adds $2,123/yr, and annual property appreciation at 5% supports $90,897 by year five. Five-year ROI tracks 106.07% and total cumulative return in cash totals $115,689. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,228/mo property income relative to a $1,610/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
N/A 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: Bob DelRose • Coldwell Banker Surfcoast Realty, Inc.
Mls Name: DBAMLS
Mls ID: #1217194