3405 SEA MARSH RoadFernandina 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 3405 SEA MARSH Road, Fernandina Beach, FL, 32034 with 5% annual appreciation on a $599,000 basis while $6,953/mo rent supports operations. Total monthly income totals $6,953/mo and a $2,932/mo payment preserves $1,148/mo for cash returns. Annual cash flow comes to $13,773/yr on $197,071 deployed, and return on cash invested reaches 27.05% in year one. Equity gained on principal adds $3,865/yr, and five-year appreciation sums $165,493 alongside rental yield of 13.93%. Five-year ROI measures 145.73% and total cumulative return in cash totals $287,182.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,953/mo property income versus a $2,932/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1974
6.27 Acres lot
$N/A/sqft
$1,830 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: PATRICIA BURCH • ENGEL & VOLKERS FIRST COAST
Mls Name: realMLS
Mls Provider:
Mls ID: #2042275
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.