510 Coronado Cove RdNew Smyrna BeachFL32168
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 510 Coronado Cove Rd, New Smyrna Beach, FL, 32168 with 5% annual appreciation on a $456,990 basis while $4,336/mo rent supports operations. Total monthly income totals $4,336/mo and a $2,237/mo payment preserves $1,216/mo for cash returns. Annual cash flow comes to $14,593/yr on $151,492 deployed, and return on cash invested reaches 29.54% in year one. Equity gained on principal adds $2,949/yr, and five-year appreciation sums $126,258 alongside rental yield of 11.39%. Five-year ROI measures 155.36% and total cumulative return in cash totals $235,360.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,336/mo property income versus a $2,237/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
6,534 sqft lot
$N/A/sqft
$87 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jay Love • D R Horton Realty of Central Florida
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1210766
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.