Bimini Plan, Concourse CrossingFernandina 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 Bimini Plan, Concourse Crossing, Fernandina Beach, FL, 32034 uses $100,110 cash to close to unlock $9,372/yr annual cash flow and $781/mo monthly cash flow. Total monthly income runs $2,785/mo, and a $1,478/mo payment keeps the spread at $781/mo. Purchase price stands at $301,990, and rental yield measures 11.07% with $2,785/mo rent. Return on cash invested shows 29.27% in year one, and 5% annual appreciation builds toward $83,434 over five years. Five-year ROI reaches 153.67% and total cumulative return in cash records $153,841. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,785/mo property income covering a $1,478/mo payment rather than investor’s personal income.
Townhouse
Built in 2025
N/A 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: N/A • Century Communities
Mls Name: Century Communities
Mls Provider:
Mls ID: #N/A