51 Fore DrNew Smyrna BeachFL32168
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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 51 Fore Dr, New Smyrna Beach, FL, 32168 at $249,990 posts ROI 26.58% with $461/mo cash flow from $2,120/mo rent. Total monthly income equals $2,120/mo, and annual cash flow records $5,527/yr on $82,872 to close. Return on cash invested measures 26.58% and rental yield reads 10.18% at the current $249,990. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,068 by year five. Five-year ROI prints 139.21% and total cumulative return in cash totals $115,363.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,120/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1978
4,032 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32168, New Smyrna Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,367 (100%) |
| Owner Occupied HU | 12,739 (69.4%) |
| Renter Occupied HU | 3,324 (18.1%) |
| Vacant Housing Units | 2,304 (12.5%) |
| Median Home Value | $445,255 |
| Average Home Value | $493,608 |
Housing Distribution
Address Breakdown
Residential
16,555
Single Family
15,194
Multi-Family
1,361
Businesses
831
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Listed by: Lainy McKain • WATSON REALTY CORP
Mls Name: Stellar MLS
Mls ID: #NS1085257