541 S Peninsula Ave APT B17New Smyrna BeachFL32169
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 541 S Peninsula Ave APT B17, New Smyrna Beach, FL, 32169 offers a 14.82% rental yield on a $223,654 purchase with $2,762/mo rent. Total monthly income registers $2,762/mo, and a $1,095/mo payment leaves $842/mo available for distribution. Annual cash flow reaches $10,104/yr on $74,141 to close, and return on cash invested stands at 33.54% in year one. Equity gained on principal adds $1,443/yr while 5% annual appreciation supports $61,791 over five years. Portfolio math shows five-year ROI at 179.05% and total cumulative return in cash at $132,750. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,762/mo property income against a $1,095/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1970
N/A lot
$N/A/sqft
$275 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A