434 Bouchelle Dr APT 304New 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 434 Bouchelle Dr APT 304, New Smyrna Beach, FL, 32169 uses $195,755 cash to close to unlock $14,877/yr annual cash flow and $1,240/mo monthly cash flow. Total monthly income runs $5,188/mo, and a $2,912/mo payment keeps the spread at $1,240/mo. Purchase price stands at $595,000, and rental yield measures 10.46% with $5,188/mo rent. Return on cash invested shows 27.66% in year one, and 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 144.97% and total cumulative return in cash records $283,778. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,188/mo property income covering a $2,912/mo payment rather than investor’s personal income.
Condo
Built in 1997
8,376 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
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Listed by: Joseph Stolarik • WEICHERT REALTORS HALLMARK PR
Mls Name: Stellar MLS
Mls ID: #NS1086705