95083 CORNFLOWER DriveFernandina 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
Investment property for sale in Fernandina Beach at 95083 CORNFLOWER Drive, Fernandina Beach, FL, 32034 listed at $582,999 pairs $4,884/mo rent with a $2,853/mo payment to leave $1,006/mo cash flow. Total monthly income runs $4,884/mo, and annual cash flow reaches $12,067/yr on $191,807 cash to close. Return on cash invested measures 26.35% in year one, and rental yield registers 10.05% at a $582,999 basis. Equity gained on principal adds $3,762/yr, and annual property appreciation at 5% supports $161,072 by year five. Five-year ROI tracks 137.98% and total cumulative return in cash totals $264,650. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,884/mo property income relative to a $2,853/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
10,454 sqft lot
$N/A/sqft
$10 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: KAYLA STEINKE • HERRON REAL ESTATE LLC
Mls Name: realMLS
Mls Provider:
Mls ID: #2052403
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. Data is deemed reliable but is not guaranteed accurate by realMLS.