1631 PLANTATION OAKS LaneFernandina 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
Rental property for sale in Fernandina Beach at 1631 PLANTATION OAKS Lane, Fernandina Beach, FL, 32034 priced at $659,500 converts $4,552/mo rent into $175/mo cash flow after a $3,228/mo obligation. Total monthly income equals $4,552/mo, and annual cash flow totals $2,104/yr on $216,976 invested. Return on cash invested prints 21.03% in year one, and rental yield reads 8.28% against a $659,500 entry. Equity gained on principal adds $4,256/yr, while 5% annual appreciation compiles into $182,208 by year five. Five-year ROI reaches 109.42% and total cumulative return in cash sums $237,416. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,552/mo property income covering a $3,228/mo payment, not borrower’s personal income.
Single Family
Built in 1992
0.40 Acres lot
$N/A/sqft
No 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: KAMIE FOURNIER • FERNANDINA BEACH REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2064122
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.