803 Silk Oak CtNew 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 803 Silk Oak Ct, New Smyrna Beach, FL, 32168 listed at $705,000 pairs $3,757/mo rent with a $3,451/mo payment. Total monthly income runs $3,757/mo. Return on cash invested measures 15.04% in year one, and rental yield registers 6.39% at a $705,000 basis. Equity gained on principal adds $4,549/yr, and annual property appreciation at 5% supports $194,779 by year five. Five-year ROI tracks 77.35% and total cumulative return in cash totals $179,413. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,757/mo property income relative to a $3,451/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1985
0.36 Acres lot
$N/A/sqft
$591 annually 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: James Mulvey • Magnolia Properties
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1207876
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.