97159 Harbor Concourse CirFernandina 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 97159 Harbor Concourse Cir, Fernandina Beach, FL, 32034 uses $169,435 cash to close to unlock $9,264/yr annual cash flow and $772/mo monthly cash flow. Total monthly income runs $4,190/mo, and a $2,521/mo payment keeps the spread at $772/mo. Purchase price stands at $515,000, and rental yield measures 9.76% with $4,190/mo rent. Return on cash invested shows 25.53% in year one, and 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 133.56% and total cumulative return in cash records $226,297. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,190/mo property income covering a $2,521/mo payment rather than investor’s personal income.
Single Family
Built in 2019
5,662 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: Colleen Bellar • KELLER WILLIAMS REALTY / FB OFFICE
Mls Name: AINCAR
Mls ID: #113879