573 Armoyan WayNew 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 573 Armoyan Way, New Smyrna Beach, FL, 32168 at $330,000 posts ROI 25.57% with $516/mo cash flow from $2,868/mo rent. Total monthly income equals $2,868/mo, and annual cash flow records $6,190/yr on $109,395 to close. Return on cash invested measures 25.57% and rental yield reads 10.43% at the current $330,000. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,173 by year five. Five-year ROI prints 134.41% and total cumulative return in cash totals $147,035.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,868/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2019
6,125 sqft lot
$N/A/sqft
$56 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
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Listed by: Thomas Weclew • THE REALTY MEDICS
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6293164
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511