523 Tarpon AveFernandina 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 523 Tarpon Ave, Fernandina Beach, FL, 32034 at $779,000 posts ROI 11.02% with from $3,240/mo rent. Total monthly income equals $3,240/mo. Return on cash invested measures 11.02% and rental yield reads 4.99% at the current $779,000. Equity gained on principal adds $5,027/yr, and 5% annual appreciation supports $215,223 by year five. Five-year ROI prints 55.77% and total cumulative return in cash totals $142,922. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,240/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1981
4,300 sqft lot
$N/A/sqft
No 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: Joe Michaels • IRON VALLEY REAL ESTATE NORTH FLORIDA
Mls Name: AINCAR
Mls ID: #113796