Vista Plan, New Smyrna And EdgewaterNew 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
Investment property for sale in New Smyrna Beach at Vista Plan, New Smyrna And Edgewater, New Smyrna Beach, FL, 32168 uses $115,425 cash to close to unlock $33,547/yr annual cash flow and $2,796/mo monthly cash flow. Total monthly income runs $5,106/mo, and a $1,704/mo payment keeps the spread at $2,796/mo. Purchase price stands at $348,190, and rental yield measures 17.6% with $5,106/mo rent. Return on cash invested shows 48.97% in year one, and 5% annual appreciation builds toward $96,198 over five years. Five-year ROI reaches 259.29% and total cumulative return in cash records $299,290. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,106/mo property income covering a $1,704/mo payment rather than investor’s personal income.
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 |
Housing Distribution
Address Breakdown
Residential
16,555
Single Family
15,194
Multi-Family
1,361
Businesses
831
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Listed by: Lizette Gonzalez • Maronda Homes
Mls Name: Maronda Homes
Mls Provider:
Mls ID: #N/A