New Smyrna Beach, FL — Rental Investment Analysis
🔴WEAK— appreciation play onlyCap Rate
3.1%
Below average
Monthly Cash Flow
-$1,318
After all expenses
Price-to-Rent
17.4
Overpriced for rent
DSCR
0.48
Fails
📊 Key Metrics
- Median Home Price
- $464,466
- Average Rent (3BR)
- $2,210/mo
- Price-to-Rent Ratio
- 17.4(high)
- 1% Rule
- 0.48%(fails — need 1%+)
- Cash-on-Cash Return
- -14.4%
- Vacancy Rate
- 8.0%
📈 Market Strength
- Unemployment Rate
- 4.8%(+0.5% vs national)
- Rent Growth (YoY)
- +2.9%(national avg)
- Population Growth
- +5.6% YoY
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers →Property Tax Rate
0.86%
of assessed value (FL avg)
Median Income
$63,062
household (FL avg)
Rent-to-Income
42.1%
Stretched
Section 8 Max Rent
$2,210/mo
3BR voucher payment
🏛️ FL Investor Climate
Landlord Friendly
8/10
State Income Tax
✅ None
Property Tax
0.86% effective
Population Trend
+5.6% (3yr)