537 White Coral LnNew 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 537 White Coral Ln, New Smyrna Beach, FL, 32168 earns $444/mo cash flow from $2,932/mo rent with a $1,835/mo payment. Total monthly income totals $2,932/mo, and annual cash flow totals $5,326/yr on $124,313 capital. ROI tracks 24.19% on current figures, and rental yield reads 9.38% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 126.41% and total cumulative return in cash sums $157,143. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,932/mo property income instead of your personal income.
Single Family
Built in 2018
5,227 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: Kevin Kling • 386RealEstate.com
Mls Name: DBAMLS
Mls ID: #1217803