905 E 1st 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 905 E 1st Ave, New Smyrna Beach, FL, 32169 earns $733/mo cash flow from $5,213/mo rent with a $3,304/mo payment. Total monthly income totals $5,213/mo, and annual cash flow totals $8,800/yr on $222,075 capital. ROI tracks 24.02% on current figures, and rental yield reads 9.27% at a $675,000 purchase. Equity gained on principal adds $4,356/yr, and 5% annual appreciation supports $186,490 over five years. Five-year ROI reaches 125.47% and total cumulative return in cash sums $278,631. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,213/mo property income instead of your personal income.
Single Family
Built in 1962
6,969 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: Roger Kincaid • Kincaid Realty
Mls Name: DBAMLS
Mls ID: #1219791