Harmony Plan, New Smyrna And Edgewater, New Smyrna Beach, FL, 32168 | $3,414/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

Investment property for sale in New Smyrna Beach at Harmony Plan, New Smyrna And Edgewater, New Smyrna Beach, FL, 32168 offers a 17.83% rental yield on a $415,190 purchase with $6,169/mo rent. Total monthly income registers $6,169/mo, and a $2,032/mo payment leaves $3,414/mo available for distribution. Annual cash flow reaches $40,967/yr on $137,635 to close, and return on cash invested stands at 49.67% in year one. Equity gained on principal adds $2,679/yr while 5% annual appreciation supports $114,709 over five years. Portfolio math shows five-year ROI at 263.03% and total cumulative return in cash at $362,025. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,169/mo property income against a $2,032/mo payment rather than investor’s personal income documents like 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