438 Bouchelle Dr APT 302New 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 438 Bouchelle Dr APT 302, New Smyrna Beach, FL, 32169 earns from $3,244/mo rent with a $4,036/mo payment. Total monthly income totals $3,244/mo. ROI tracks 7.25% on current figures, and rental yield reads 4.72% at a $824,500 purchase. Equity gained on principal adds $5,320/yr, and 5% annual appreciation supports $227,794 over five years. Five-year ROI reaches 36.62% and total cumulative return in cash sums $99,344. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,244/mo property income instead of your personal income.
Condo
Built in 1994
8,276 sqft lot
$N/A/sqft
$8,000 annually 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: Patricia Collado • Collado Real Estate
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1205285
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.