Drexel Plan, New Smyrna And Edgewater, New Smyrna Beach, FL, 32168 | $3,083/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in New Smyrna Beach at Drexel Plan, New Smyrna And Edgewater, New Smyrna Beach, FL, 32168 offers $5,590/mo rent that, after a $1,849/mo payment, leaves $3,083/mo cash flow. Total monthly income is $5,590/mo, and annual cash flow is $36,998/yr on $125,204 cash. Return on cash invested measures 49.46% in year one, and rental yield stands at 17.76% at a $377,690 entry. Equity gained on principal adds $2,437/yr while 5% annual appreciation compounds into $104,349 by year five. Five-year ROI records 261.93% and total cumulative return in cash reaches $327,943. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,590/mo property income versus a $1,849/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2024

N/A 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