Pays for itselfFits 3 partner lending programs

3800 Saxon Dr, Apt 19B, New Smyrna Beach, FL 32169

New Smyrna Beach, FL 32169 · 2 bd · 1.5 ba · 838 sqft · Condo · 294 days on market

The math, in full

Asking price
$299,000
Down payment (15%)
$44,850
Loan amount
$254,150
Est. monthly rent
$3,950/mo
Range $3,358–$4,543/mo
Monthly payment, all-in
$2,856/mo
Mortgage + taxes + insurance (PITIA)
Cashflow ratio (DSCR)
1.38
$3,950 rent ÷ $2,856 payment
Monthly cashflow
+$1,094/mo
What's left after the payment

Where the rent number comes from

Median asking rent for 2-bedroom homes in zip 32169, from current market comps — not a per-property guess. High confidence — plenty of comparable rentals in this zip.

Cash to start

$44,850

15% down on $299,000

No credit pull. No obligation. A loan officer confirms real terms within one business day.

  • Screened against real lending criteria — this one fits 3 programs.
  • Qualifies on the property's rent — no W-2 or tax returns.
  • Listing data verified as of June 9, 2026.

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Rent, payment, and cashflow figures are estimates based on current market data and business-purpose investment-loan criteria, for non-owner-occupied property. Not a commitment to lend, not financial advice, and not an offer of any specific loan or property. Listing data may change; properties may sell. All terms confirmed by a loan officer and subject to underwriting and appraisal.