85158 Southern Creek BlvdFernandina 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 85158 Southern Creek Blvd, Fernandina Beach, FL, 32034 uses $226,846 cash to close to unlock $1,242/yr annual cash flow and $104/mo monthly cash flow. Total monthly income runs $4,746/mo, and a $3,375/mo payment keeps the spread at $104/mo. Purchase price stands at $689,500, and rental yield measures 8.26% with $4,746/mo rent. Return on cash invested shows 20.61% in year one, and 5% annual appreciation builds toward $190,496 over five years. Five-year ROI reaches 107.28% and total cumulative return in cash records $243,355. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,746/mo property income covering a $3,375/mo payment rather than investor’s personal income.
Single Family
Built in 2024
0.51 Acres lot
$N/A/sqft
$799 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: Felicia Walker • SUMMER HOUSE REALTY
Mls Name: AINCAR
Mls Provider:
Mls ID: #112553
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. Information is deemed reliable but not guaranteed.