85232 Burmeister RdFernandina 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
Rental property for sale in Fernandina Beach at 85232 Burmeister Rd, Fernandina Beach, FL, 32034 generates $2,544/mo in rent and, after a $1,786/mo payment, leaves $122/mo in cash flow. Total monthly income is $2,544/mo, and annual cash flow is $1,467/yr on $120,998 invested. Return on cash invested sits at 21.12% in year one, and rental yield is 8.36% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 109.95% and total cumulative return in cash sums $133,039. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,544/mo property income rather than buyer’s personal income.
Manufactured
Built in 1998
1.82 Acres 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: Matt Franklin • REAL BROKER LLC
Mls Name: AINCAR
Mls ID: #114293