3350 S FLETCHER Avenue UNIT G2Fernandina 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 3350 S FLETCHER Avenue UNIT G2, Fernandina Beach, FL, 32034 earns from $3,503/mo rent with a $3,960/mo payment. Total monthly income totals $3,503/mo. ROI tracks 7.14% on current figures, and rental yield reads 5.2% at a $809,000 purchase. Equity gained on principal adds $5,220/yr, and 5% annual appreciation supports $223,512 over five years. Five-year ROI reaches 36.55% and total cumulative return in cash sums $97,285. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,503/mo property income instead of your personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$1,000 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: KAMIE FOURNIER • FERNANDINA BEACH REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2015992
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.