905 N Peninsula AveNew Smyrna BeachFL32169
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in New Smyrna Beach at 905 N Peninsula Ave, New Smyrna Beach, FL, 32169 generates $7,196/mo in rent, after a $6,738/mo payment. Total monthly income is $7,196/mo. Return on cash invested sits at 15.15% in year one, and rental yield is 6.27% on a $1,376,700 entry. Equity gained on principal adds $8,884/yr, while 5% annual appreciation builds toward $380,357 over five years. Five-year ROI reaches 77.84% and total cumulative return in cash sums $347,196. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,196/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
5,314 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A