1785 Fairway DrFernandina 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 1785 Fairway Dr, Fernandina Beach, FL, 32034 listed at $1,580,000 pairs $5,790/mo rent with a $7,733/mo payment. Total monthly income runs $5,790/mo. Return on cash invested measures 9.07% in year one, and rental yield registers 4.4% at a $1,580,000 basis. Equity gained on principal adds $10,195/yr, and annual property appreciation at 5% supports $436,525 by year five. Five-year ROI tracks 45.34% and total cumulative return in cash totals $232,092. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,790/mo property income relative to a $7,733/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2016
N/A lot
$N/A/sqft
$1,500 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: Nick Burke • ONE SOTHEBYS INTERNATIONAL REALTY
Mls Name: AINCAR
Mls Provider:
Mls ID: #109191
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.