19 N 5th St #3100Fernandina 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 19 N 5th St #3100, Fernandina Beach, FL, 32034 generates $2,778/mo in rent, after a $8,198/mo payment. Total monthly income is $2,778/mo. Return on cash invested sits at 1.93% in year one, and rental yield is 1.99% on a $1,675,000 entry. Equity gained on principal adds $10,809/yr, while 5% annual appreciation builds toward $462,772 over five years. Five-year ROI reaches 6.96% and total cumulative return in cash sums $37,746. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,778/mo property income rather than buyer’s personal income.
Condo
Built in 2020
N/A 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: Joe Cutajar • ONE SOTHEBYS INTERNATIONAL REALTY
Mls Name: AINCAR
Mls ID: #114891