Grenada Plan, Ardisia ParkNew 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
Rental property for sale in New Smyrna Beach at Grenada Plan, Ardisia Park, New Smyrna Beach, FL, 32168 priced at $487,999 converts $4,336/mo rent into $1,097/mo cash flow after a $2,389/mo obligation. Total monthly income equals $4,336/mo, and annual cash flow totals $13,165/yr on $161,772 invested. Return on cash invested prints 28.05% in year one, and rental yield reads 10.66% against a $487,999 entry. Equity gained on principal adds $3,149/yr, while 5% annual appreciation compiles into $134,825 by year five. Five-year ROI reaches 147.09% and total cumulative return in cash sums $237,956. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,336/mo property income covering a $2,389/mo payment, not borrower’s personal income.
Single Family
Built in 2025
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 |
Housing Distribution
Address Breakdown
Residential
16,555
Single Family
15,194
Multi-Family
1,361
Businesses
831
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Listed by: N/A • Taylor Morrison
Mls Name: Taylor Morrison
Mls Provider:
Mls ID: #N/A