31255 Paradise Cmns APT 921Fernandina 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 31255 Paradise Cmns APT 921, Fernandina Beach, FL, 32034 listed at $168,000 pairs $1,886/mo rent with a $822/mo payment to leave $619/mo cash flow. Total monthly income runs $1,886/mo, and annual cash flow reaches $7,433/yr on $55,692 cash to close. Return on cash invested measures 33.26% in year one, and rental yield registers 13.47% at a $168,000 basis. Equity gained on principal adds $1,084/yr, and annual property appreciation at 5% supports $46,415 by year five. Five-year ROI tracks 176.22% and total cumulative return in cash totals $98,141. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,886/mo property income relative to a $822/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2000
N/A lot
$N/A/sqft
$152 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
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Listed by: Kelli Allen • ERA FERNANDINA BEACH REALTY
Mls Name: AINCAR
Mls Provider:
Mls ID: #113239
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.