5209 SEA CHASE Drive UNIT 5Fernandina 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 5209 SEA CHASE Drive UNIT 5, Fernandina Beach, FL, 32034 at $1,990,500 posts ROI 8.08% with from $8,568/mo rent. Total monthly income equals $8,568/mo. Return on cash invested measures 8.08% and rental yield reads 5.17% at the current $1,990,500. Equity gained on principal adds $12,844/yr, and 5% annual appreciation supports $549,938 by year five. Five-year ROI prints 41.22% and total cumulative return in cash totals $265,836. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $8,568/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1996
7.35 Acres lot
$N/A/sqft
$1,965 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: SUSAN MCEWEN • WATSON REALTY CORP
Mls Name: realMLS
Mls Provider:
Mls ID: #2040890
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.