92954 Cheltenham LnFernandina BeachFL32034
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 92954 Cheltenham Ln, Fernandina Beach, FL, 32034 generates $5,927/mo in rent and, after a $3,744/mo payment, leaves $749/mo in cash flow. Total monthly income is $5,927/mo, and annual cash flow is $8,987/yr on $251,685 invested. Return on cash invested sits at 23.63% in year one, and rental yield is 9.3% on a $765,000 entry. Equity gained on principal adds $4,936/yr, while 5% annual appreciation builds toward $211,355 over five years. Five-year ROI reaches 123.52% and total cumulative return in cash sums $310,883. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,927/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
0.27 Acres lot
$N/A/sqft
$305 quarterly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charity Hahaj • PINEYWOODS REALTY, LLC
Mls Name: AINCAR
Mls Provider:
Mls ID: #110332
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.