2663 1ST AvenueFernandina 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 2663 1ST Avenue, Fernandina Beach, FL, 32034 earns from $5,971/mo rent with a $4,880/mo payment. Total monthly income totals $5,971/mo. ROI tracks 17.7% on current figures, and rental yield reads 7.19% at a $997,000 purchase. Equity gained on principal adds $6,433/yr, and 5% annual appreciation supports $275,453 over five years. Five-year ROI reaches 91.55% and total cumulative return in cash sums $300,286. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,971/mo property income instead of your personal income.
Single Family
Built in 2017
6,534 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: PATRICIA WELLINGTON • PONTE VEDRA CLUB REALTY, INC.
Mls Name: realMLS
Mls Provider:
Mls ID: #2038363
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.