For real estate investors, understanding cash on cash return (COC) is crucial for maximizing profits and minimizing risks. In the vibrant market of Fernandina Beach, savvy investors are uncovering remarkable opportunities with impressive COC rates. For instance, a single-family property recently listed boasts a staggering 17.4% COC, with a purchase price of $285,000 and a monthly rent of $2,474, translating to a cash flow of $825. Another gem in the area offers a 16.5% COC at a price of $180,000, generating a monthly rent of $1,602 and a cash flow of $495. These compelling data points highlight the potential for lucrative investments in this coastal paradise.
This article will delve into the most attractive real estate deals in Fernandina Beach, focusing on properties that not only offer high cash on cash returns but also other essential characteristics that can guide investors in making informed decisions. By analyzing these data points, you can identify lucrative opportunities that align with your investment strategy.
Understanding which metrics matter most—such as cash flow, cap rate, and total payment—can empower you to make strategic choices in your real estate journey. With the right insights, you can navigate the Fernandina Beach market with confidence and seize the best investment opportunities available.
Did you know that Fernandina Beach is home to some of the oldest live oak trees in the country, with some estimated to be over 300 years old? This rich history adds to the charm and appeal of investing in this unique coastal community.
| View Property | Location | Type | Cash on Cash | Price | Rent | Total Payment | NOI | Cap Rate | Cash Flow | GRM | DSCR | P&I | Tax | HOA Fees | Insurance |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sign up for a free account to view this property's address and details. | Yulee, FL | Single Family | 17.4% | $285,000 | $2,474 | $1,649 | $2,388 | 10.1% | $825 | 9.6 | 1.7 | $1,411 | $152 | $0 | $86 |
| Sign up for a free account to view this property's address and details. | Saint Marys, GA | Single Family | 16.5% | $180,000 | $1,602 | $1,107 | $1,548 | 10.3% | $495 | 9.4 | 1.7 | $909 | $144 | $0 | $54 |
| 86721 CARTESIAN POINTE Drive, Yulee, FL 32097 | Yulee, FL | Single Family | 9.4% | $285,000 | $2,225 | $1,777 | $2,105 | 8.9% | $448 | 10.7 | 1.4 | $1,479 | $178 | $25 | $95 |
| 85189 DICK KING Road, Yulee, FL 32097 | Yulee, FL | Manufactured | 6.2% | $280,000 | $1,992 | $1,703 | $1,899 | 8.1% | $289 | 11.7 | 1.3 | $1,435 | $175 | $0 | $93 |
| 195 Cypress Ln, Saint Marys, GA 31558 | Saint Marys, GA | Single Family | 5.5% | $225,000 | $1,590 | $1,385 | $1,522 | 8.1% | $205 | 11.8 | 1.3 | $1,137 | $180 | $0 | $68 |
| 13598 COMAN Road, Jacksonville, FL 32218 | Jacksonville, FL | Single Family | 5.0% | $299,900 | $1,991 | $1,740 | $1,901 | 7.6% | $251 | 12.6 | 1.3 | $1,485 | $165 | $0 | $90 |
| 34016 LAVENDER PARKE Drive, Fernandina Beach, FL 32034 | Fernandina Beach, FL | Single Family | 4.4% | $499,999 | $3,301 | $2,934 | $3,110 | 7.5% | $367 | 12.6 | 1.3 | $2,476 | $267 | $41 | $150 |
| 85461 OWENS Road, Fernandina Beach, FL 32034 | Fernandina Beach, FL | Manufactured | 3.9% | $349,000 | $2,245 | $2,019 | $2,140 | 7.4% | $226 | 13.0 | 1.2 | $1,728 | $186 | $0 | $105 |
| 96009 TIDAL BAY Court, Yulee, FL 32097 | Yulee, FL | Single Family | 2.8% | $325,000 | $2,038 | $1,888 | $1,932 | 7.1% | $150 | 13.3 | 1.2 | $1,609 | $173 | $8 | $98 |
| 85598 MINER Road, Yulee, FL 32097 | Yulee, FL | Manufactured | 2.7% | $315,000 | $2,079 | $1,936 | $1,974 | 7.5% | $143 | 12.6 | 1.2 | $1,634 | $197 | $0 | $105 |
| 77342 LUMBER CREEK Boulevard, Yulee, FL 32097 | Yulee, FL | Single Family | 2.6% | $369,900 | $2,330 | $2,168 | $2,191 | 7.1% | $162 | 13.2 | 1.2 | $1,832 | $197 | $28 | $111 |
| 1330 FIR Street, Fernandina Beach, FL 32034 | Fernandina Beach, FL | Single Family | 2.1% | $429,000 | $2,657 | $2,507 | $2,503 | 7.0% | $150 | 13.5 | 1.2 | $2,124 | $229 | $25 | $129 |
| 13757 VICTORIA LAKES Drive, Jacksonville, FL 32226 | Jacksonville, FL | Single Family | 1.4% | $375,000 | $2,488 | $2,399 | $2,319 | 7.4% | $89 | 12.6 | 1.2 | $1,996 | $234 | $44 | $125 |
| 95415 CREEKVILLE Drive, Fernandina Beach, FL 32034 | Fernandina Beach, FL | Single Family | -0.8% | $428,000 | $2,508 | $2,567 | $2,288 | 6.4% | -$59 | 14.2 | 1.1 | $2,119 | $228 | $92 | $128 |
| 85308 DELEENE Road, Yulee, FL 32097 | Yulee, FL | Single Family | -2.8% | $449,900 | $2,395 | $2,603 | $2,260 | 6.0% | -$208 | 15.7 | 1.0 | $2,228 | $240 | $0 | $135 |
| 210 Bobwhite Blvd, Saint Marys, GA 31558 | Saint Marys, GA | Single Family | -3.0% | $469,000 | $2,618 | $2,851 | $2,477 | 6.3% | -$233 | 14.9 | 1.1 | $2,335 | $375 | $0 | $141 |
| 95204 Amelia National Pkwy, Fernandina Beach, FL 32034 | Fernandina Beach, FL | Single Family | -3.1% | $895,000 | $4,714 | $5,177 | $4,376 | 5.9% | -$463 | 15.8 | 1.0 | $4,362 | $477 | $69 | $269 |
| 1420 Tanager Trl, Saint Marys, GA 31558 | Saint Marys, GA | Single Family | -3.3% | $398,800 | $2,286 | $2,503 | $2,153 | 6.5% | -$217 | 14.5 | 1.0 | $2,097 | $273 | $0 | $133 |
| 85542 FALL RIVER Parkway, Fernandina Beach, FL 32034 | Fernandina Beach, FL | Single Family | -4.7% | $688,800 | $3,405 | $3,942 | $3,187 | 5.6% | -$537 | 16.9 | 0.9 | $3,357 | $367 | $11 | $207 |
| 861391 N NORTH HAMPTON CLUB Way, Fernandina Beach, FL 32034 | Fernandina Beach, FL | Single Family | -4.9% | $680,000 | $3,526 | $4,086 | $3,117 | 5.5% | -$560 | 16.1 | 0.9 | $3,314 | $363 | $205 | $204 |
| 96173 Crews Creek Ave, Yulee, FL 32097 | Yulee, FL | Single Family | -5.0% | $365,000 | $1,807 | $2,112 | $1,697 | 5.6% | -$305 | 16.8 | 0.9 | $1,807 | $195 | $0 | $110 |
| 86060 HILL VALLEY Avenue, Yulee, FL 32097 | Yulee, FL | Single Family | -6.6% | $367,500 | $1,856 | $2,260 | $1,733 | 5.7% | -$404 | 16.5 | 0.9 | $1,907 | $230 | $0 | $123 |
| 91063 Fiddler Dr, Fernandina Beach, FL 32034 | Fernandina Beach, FL | Single Family | -7.1% | $619,000 | $3,036 | $3,765 | $2,830 | 5.5% | -$729 | 17.0 | 0.9 | $3,172 | $387 | $0 | $206 |
| 655 GROVE PARK Circle, Fernandina Beach, FL 32034 | Fernandina Beach, FL | Single Family | -7.2% | $499,900 | $2,295 | $2,892 | $2,145 | 5.1% | -$597 | 18.2 | 0.9 | $2,475 | $267 | $0 | $150 |
| 14667 E ZACHARY Drive, Jacksonville, FL 32218 | Jacksonville, FL | Single Family | -7.5% | $420,000 | $2,228 | $2,752 | $1,974 | 5.6% | -$524 | 15.7 | 0.9 | $2,235 | $263 | $114 | $140 |
| 85064 RADIO Avenue, Yulee, FL 32097 | Yulee, FL | Single Family | -8.4% | $365,000 | $1,759 | $2,269 | $1,637 | 5.4% | -$510 | 17.3 | 0.9 | $1,919 | $228 | $0 | $122 |
| 204 S 6th St, Fernandina Beach, FL 32034 | Fernandina Beach, FL | Single Family | -14.4% | $995,000 | $3,358 | $5,747 | $3,059 | 3.7% | -$2,389 | 24.7 | 0.6 | $4,917 | $531 | $0 | $299 |
| 95044 Spring Tide Ln, Fernandina Beach, FL 32034 | Fernandina Beach, FL | Single Family | -18.4% | $1,799,000 | $5,580 | $11,109 | $4,320 | 2.9% | -$5,529 | 26.9 | 0.5 | $8,890 | $959 | $720 | $540 |
| 11 Belted Kingfisher Rd, Fernandina Beach, FL 32034 | Fernandina Beach, FL | Single Family | -22.2% | $1,550,000 | $3,849 | $9,592 | $3,186 | 2.5% | -$5,743 | 33.6 | 0.4 | $7,960 | $969 | $146 | $517 |
| 4244 S Fletcher Ave, Fernandina Beach, FL 32034 | Fernandina Beach, FL | Single Family | -27.8% | $6,995,000 | $7,959 | $40,395 | $5,860 | 1.0% | -$32,436 | 73.2 | 0.2 | $34,565 | $3,731 | $0 | $2,099 |
| 4330 S FLETCHER Avenue, Amelia Island, FL 32034 | Fernandina Beach, FL | Single Family | -32.7% | $12,995,000 | $5,775 | $76,667 | $1,443 | 0.1% | -$70,892 | 187.5 | 0.0 | $64,213 | $8,122 | $0 | $4,332 |
Cash on Cash Return: 17.4%
Price: $285,000
Rent: $2,474
Total Payment: $1,649
Cap Rate: 10.1%
Cash Flow: $825
GRM: 9.6
DSCR: 1.7
Last Updated: 01/01/1900
First Seen: 11/30/2024
This charming single-family home on Still Meadow Lane is an excellent investment opportunity. With a cash on cash return of 17.4%, it stands out in the market. The property generates a strong rental income of $2,474, resulting in a healthy cash flow of $825 after expenses. The cap rate of 10.1% indicates solid profitability, making it one of the best cash flow properties in Fernandina Beach.
Cash on Cash Return: 16.5%
Price: $180,000
Rent: $1,602
Total Payment: $1,107
Cap Rate: 10.3%
Cash Flow: $495
GRM: 9.4
DSCR: 1.7
Last Updated: 01/01/1900
First Seen: 11/30/2024
Located on Debbie St, this single-family home offers a cash on cash return of 16.5%. With a purchase price of $180,000, it generates a monthly rent of $1,602, leading to a cash flow of $495. The cap rate of 10.3% further emphasizes its potential as a high cap rate property in Fernandina Beach, making it an attractive option for investors.
Cash on Cash Return: 9.4%
Price: $285,000
Rent: $2,225
Total Payment: $1,777
Cap Rate: 8.9%
Cash Flow: $448
GRM: 10.7
DSCR: 1.4
Last Updated: 01/01/1900
First Seen: 11/30/2024
This property on Cartesian Pointe Drive, while offering a lower cash on cash return of 9.4%, still presents a viable investment opportunity. With a rental income of $2,225 and a cash flow of $448, it remains competitive in the market. The cap rate of 8.9% indicates a stable investment, appealing to those seeking rental properties for sale in Fernandina Beach.
Cash on cash return and cap rate are critical metrics for real estate investors. A high cash on cash return indicates that the property generates significant income relative to the investment made. Similarly, a strong cap rate reflects the property's ability to produce income compared to its value. These metrics suggest that the listed properties in Fernandina Beach are not only profitable but also strategically positioned for growth.
The Gross Rent Multiplier (GRM) and Debt Service Coverage Ratio (DSCR) are essential tools for evaluating real estate investments. GRM helps investors understand how long it will take to recoup their investment through rental income, while DSCR measures the property's ability to cover its debt obligations. For instance, the properties listed have GRM values ranging from 9.4 to 10.7, indicating a favorable return on investment. The DSCR values also suggest that these properties can comfortably meet their debt obligations, reducing investment risk.
To increase rental income, consider property upgrades, adjusting rents to market rates, or targeting specific renter demographics. Additionally, minimizing operating costs through effective management of HOA fees, taxes, and insurance can significantly enhance cash flow. For example, by reducing insurance costs by $50 per month on the Still Meadow Lane property, the cash flow could increase from $825 to $875, showcasing the impact of cost-saving measures.
Investing in condos versus single-family homes presents different advantages. Condos may offer lower maintenance costs and higher cash flow potential, while single-family homes often appreciate more over time. The properties listed demonstrate that both types can yield strong returns, making them viable options for investors in Fernandina Beach.
With a variety of investment properties offering high cash flow and strong cap rates, Fernandina Beach stands out as an excellent choice for real estate investors. The properties highlighted showcase the potential for solid returns, making it imperative for investors to act quickly. Contact us today for more information on these high-return properties or to sign up for real-time updates on investment opportunities in Fernandina Beach.