804 E 24th AveNew 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 804 E 24th Ave, New Smyrna Beach, FL, 32169 at $1,349,000 posts ROI 8.41% with from $4,598/mo rent. Total monthly income equals $4,598/mo. Return on cash invested measures 8.41% and rental yield reads 4.09% at the current $1,349,000. Equity gained on principal adds $8,705/yr, and 5% annual appreciation supports $372,704 by year five. Five-year ROI prints 41.71% and total cumulative return in cash totals $182,283. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,598/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
5,500 sqft 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: Chris Pixley • ENGEL & VOLKERS NEW SMYRNA
Mls Name: Stellar MLS
Mls ID: #O6300828