1854 Surf Side Dr #1302Fernandina BeachFL32034
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1854 Surf Side Dr #1302, Fernandina Beach, FL, 32034 earns $411/mo cash flow from $5,963/mo rent with a $3,536/mo payment. Total monthly income totals $5,963/mo, and annual cash flow totals $4,928/yr on $237,703 capital. ROI tracks 22.13% on current figures, and rental yield reads 9.9% at a $722,500 purchase. Equity gained on principal adds $4,662/yr, and 5% annual appreciation supports $199,613 over five years. Five-year ROI reaches 116.72% and total cumulative return in cash sums $277,440. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,963/mo property income instead of your personal income.
Condo
Built in 2010
N/A lot
$N/A/sqft
$758 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ayisha Alsayyad • BERKSHIRE HATHAWAY HomeServices HWREI
Mls Name: AINCAR
Mls Provider:
Mls ID: #112129
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.