95362 Cornflower DrFernandina 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 95362 Cornflower Dr, Fernandina Beach, FL, 32034 uses $157,463 cash to close to unlock $7,701/yr annual cash flow and $642/mo monthly cash flow. Total monthly income runs $3,794/mo, and a $2,325/mo payment keeps the spread at $642/mo. Purchase price stands at $475,000, and rental yield measures 9.58% with $3,794/mo rent. Return on cash invested shows 24.8% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 129.65% and total cumulative return in cash records $204,151. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,794/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Single Family
Built in 2020
9,047 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Ricks • KELLER WILLIAMS REALTY / FB OFFICE
Mls Name: AINCAR
Mls ID: #114208