4405 Sea Mist Dr APT 219New 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 4405 Sea Mist Dr APT 219, New Smyrna Beach, FL, 32169 listed at $415,900 pairs $2,486/mo rent with a $2,036/mo payment. Total monthly income runs $2,486/mo. Return on cash invested measures 17.52% in year one, and rental yield registers 7.17% at a $415,900 basis. Equity gained on principal adds $2,684/yr, and annual property appreciation at 5% supports $114,906 by year five. Five-year ROI tracks 90.63% and total cumulative return in cash totals $124,948. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,486/mo property income relative to a $2,036/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
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
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Listed by: Kate Rosenberg • NSB Realty Team
Mls Name: DBAMLS
Mls ID: #1221385