Miramar 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
Rental property for sale in Fernandina Beach at Miramar Plan, Concourse Crossing, Fernandina Beach, FL, 32034 priced at $345,990 pairs $3,240/mo rent with $944/mo cash flow after a $1,693/mo payment. Total monthly income equals $3,240/mo, and annual cash flow comes to $11,333/yr on $114,696 invested. Return on cash invested is 29.79% in year one, and rental yield stands at 11.24% on a $345,990 basis. Equity gained on principal adds $2,233/yr, and 5% annual appreciation accumulates to $95,591 by year five. Five-year ROI measures 156.43% and total cumulative return in cash reaches $179,415. For financing, Ziffy Mortgage’s DSCR program evaluates $3,240/mo property income against a $1,693/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
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