1573 Park AveFernandina 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 1573 Park Ave, Fernandina Beach, FL, 32034 listed at $643,900 pairs $5,616/mo rent with a $3,152/mo payment to leave $1,277/mo cash flow. Total monthly income runs $5,616/mo, and annual cash flow reaches $15,325/yr on $211,843 cash to close. Return on cash invested measures 27.29% in year one, and rental yield registers 10.47% at a $643,900 basis. Equity gained on principal adds $4,155/yr, and annual property appreciation at 5% supports $177,898 by year five. Five-year ROI tracks 143.16% and total cumulative return in cash totals $303,271. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,616/mo property income relative to a $3,152/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2002
2,417 sqft lot
$N/A/sqft
$785 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: Donald Shearin • ATLANTIC SALT, LLC
Mls Name: AINCAR
Mls Provider:
Mls ID: #109272
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.