1424 BEACH WALKER RoadFernandina BeachFL32034
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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
Total monthly income runs $4,631/mo, and a $4,772/mo payment. Purchase price stands at $975,000, and rental yield measures 5.7% with $4,631/mo rent. Return on cash invested shows 4.39% in year one, and 5% annual appreciation builds toward $269,375 over five years. Five-year ROI reaches 23.35% and total cumulative return in cash records $74,907. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,631/mo property income covering a $4,772/mo payment rather than investor’s personal income.
Condo
Built in 1980
4.16 Acres lot
$N/A/sqft
$22,322 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32034, Fernandina Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,682 (100%) |
| Owner Occupied HU | 15,551 (65.7%) |
| Renter Occupied HU | 3,710 (15.7%) |
| Vacant Housing Units | 4,421 (18.7%) |
| Median Home Value | $586,648 |
| Average Home Value | $675,813 |
Housing Distribution
Address Breakdown
Residential
21,050
Single Family
18,551
Multi-Family
2,499
Businesses
1,193
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Listed by: CHAD NEUMANN • CHAD AND SANDY REAL ESTATE GROUP
Mls Name: realMLS
Mls Provider:
Mls ID: #2112690
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by realMLS.