485 STARBOARD LandingFernandina 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
Total monthly income runs $3,136/mo, and a $5,506/mo payment. Purchase price stands at $1,125,000, and rental yield measures 3.35% with $3,136/mo rent. Return on cash invested shows 6.03% in year one, and 5% annual appreciation builds toward $310,817 over five years. Five-year ROI reaches 28.92% and total cumulative return in cash records $105,428. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,136/mo property income covering a $5,506/mo payment rather than investor’s personal income.
Single Family
Built in 2001
0.33 Acres lot
$N/A/sqft
$334 annually 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: NICOLE SHERMAN • RE/MAX SPECIALISTS
Mls Name: realMLS
Mls Provider:
Mls ID: #2074384
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.