456 Bouchelle Dr APT 102New 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 456 Bouchelle Dr APT 102, New Smyrna Beach, FL, 32169 offers a 6.77% rental yield on a $495,000 purchase with $2,792/mo rent. 3% in year one. Equity gained on principal adds $3,194/yr while 5% annual appreciation supports $136,759 over five years. Portfolio math shows five-year ROI at 84.09% and total cumulative return in cash at $137,986. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,792/mo property income against a $2,423/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1989
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: David Knight • EXP REALTY LLC
Mls Name: Stellar MLS
Mls ID: #O6368111