5499 S Atlantic Ave #B040New 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 5499 S Atlantic Ave #B040, New Smyrna Beach, FL, 32169 offers a 10.88% rental yield on a $741,200 purchase with $6,722/mo rent. Total monthly income registers $6,722/mo, and a $3,628/mo payment leaves $833/mo available for distribution. Annual cash flow reaches $9,999/yr on $243,855 to close, and return on cash invested stands at 24.16% in year one. Equity gained on principal adds $4,783/yr while 5% annual appreciation supports $204,780 over five years. Portfolio math shows five-year ROI at 127.94% and total cumulative return in cash at $311,991. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,722/mo property income against a $3,628/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
N/A lot
$N/A/sqft
$640 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
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