95029 San Remo Dr UNIT 3BFernandina 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 95029 San Remo Dr UNIT 3B, Fernandina Beach, FL, 32034 earns from $3,322/mo rent with a $3,712/mo payment. Total monthly income totals $3,322/mo. ROI tracks 8.51% on current figures, and rental yield reads 5.26% at a $758,500 purchase. Equity gained on principal adds $4,894/yr, and 5% annual appreciation supports $209,560 over five years. Five-year ROI reaches 43.49% and total cumulative return in cash sums $108,526. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,322/mo property income instead of your personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
$690 monthly 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: Deborah Phelan • ERA FERNANDINA BEACH REALTY
Mls Name: AINCAR
Mls Provider:
Mls ID: #110515
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.