1505 Lakeside CtFernandina 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
Investment property for sale in Fernandina Beach at 1505 Lakeside Ct, Fernandina Beach, FL, 32034 with 5% annual appreciation on a $923,000 basis while $3,240/mo rent supports operations. 17% in year one. Equity gained on principal adds $5,956/yr, and five-year appreciation sums $255,008 alongside rental yield of 4.21%. Five-year ROI measures 40.61% and total cumulative return in cash totals $123,333. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,240/mo property income versus a $4,518/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2021
5,201 sqft lot
$N/A/sqft
$753 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: Terri Tennille • COLDWELL BANKER THE AMELIA GROUP
Mls Name: AINCAR
Mls Provider:
Mls ID: #112605
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. Information is deemed reliable but not guaranteed.