611 S Atlantic Ave #4212New 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 611 S Atlantic Ave #4212, New Smyrna Beach, FL, 32169 earns from $2,377/mo rent with a $2,296/mo payment. Total monthly income totals $2,377/mo. ROI tracks 14.23% on current figures, and rental yield reads 6.08% at a $469,000 purchase. Equity gained on principal adds $3,026/yr, and 5% annual appreciation supports $129,576 over five years. Five-year ROI reaches 72.99% and total cumulative return in cash sums $113,479. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,377/mo property income instead of your personal income.
Condo
Built in 1999
N/A lot
$N/A/sqft
No 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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Listed by: Kyle Madorin • Upwell Realty
Mls Name: Space Coast AOR
Mls ID: #1044875