85237 Fall River PkwyFernandina 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 85237 Fall River Pkwy, Fernandina Beach, FL, 32034 earns $69/mo cash flow from $3,845/mo rent with a $2,785/mo payment. Total monthly income totals $3,845/mo, and annual cash flow totals $828/yr on $187,201 capital. ROI tracks 20.5% on current figures, and rental yield reads 8.11% at a $569,000 purchase. Equity gained on principal adds $3,672/yr, and 5% annual appreciation supports $157,204 over five years. Five-year ROI reaches 106.58% and total cumulative return in cash sums $199,511. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,845/mo property income instead of your personal income.
Single Family
Built in 2021
7,866 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: Mike Hagel • WATSON REALTY CORP.
Mls Name: AINCAR
Mls ID: #114628