902 Oleander StNew 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 902 Oleander St, New Smyrna Beach, FL, 32168 earns $10/mo cash flow from $1,828/mo rent with a $1,164/mo payment. Total monthly income totals $1,828/mo, and annual cash flow totals $122/yr on $78,864 capital. ROI tracks 20.06% on current figures, and rental yield reads 9.22% at a $237,900 purchase. Equity gained on principal adds $1,535/yr, and 5% annual appreciation supports $65,727 over five years. Five-year ROI reaches 105.63% and total cumulative return in cash sums $83,307. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,828/mo property income instead of your personal income.
Single Family
Built in 1987
0.29 Acres lot
$N/A/sqft
No 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: Todd Schroth • EXP Realty LLC
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1209326
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.