96034 Carrera WayFernandina 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 96034 Carrera Way, Fernandina Beach, FL, 32034 earns $184/mo cash flow from $3,136/mo rent with a $2,177/mo payment. Total monthly income totals $3,136/mo, and annual cash flow totals $2,210/yr on $147,479 capital. ROI tracks 21.41% on current figures, and rental yield reads 8.46% at a $444,885 purchase. Equity gained on principal adds $2,871/yr, and 5% annual appreciation supports $122,914 over five years. Five-year ROI reaches 111.49% and total cumulative return in cash sums $164,420. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,136/mo property income instead of your personal income.
Single Family
Built in 2025
6,969 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: Stephanie Morales • THE REALTY EXPERIENCE POWERED BY LRR
Mls Name: AINCAR
Mls ID: #113209