908 Gum StFernandina 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 908 Gum St, Fernandina Beach, FL, 32034 generates $1,605/mo in rent and, after a $1,101/mo payment, leaves $112/mo in cash flow. Total monthly income is $1,605/mo, and annual cash flow is $1,345/yr on $74,588 invested. Return on cash invested sits at 21.71% in year one, and rental yield is 8.56% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 113.15% and total cumulative return in cash sums $84,393. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,605/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
2,613 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: Colleen Bellar • KELLER WILLIAMS REALTY / FB OFFICE
Mls Name: AINCAR
Mls Provider:
Mls ID: #110773
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.