95422 Plum Loop · Fernandina Beach, FL 32034

$298,900

3 bd · 3.0 ba · 1,848 sqft · Manufactured public records · 55 Days on market

Built 1985 1.10 ac lot Est $310k · at est.

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +16.8/30.0
• ARV discount +9.2/15.0
• Schools +6.0/10.0
• DSCR +5.2/10.0
• 1% rule +3.8/10.0
• Livability +3.6/5.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

**Back on Market with no fault to the seller!!**Recently renovated home on over an acre of land featuring 4 bedrooms and 2 bathrooms in the main home and a 1 bedroom ADU with bathroom! Upgrades include updated kitchen with stone countertops, new stainless steel appliances, updated bathrooms, new flooring throughout, new fixtures, fresh paint and more! Bring your toys, no HOA or CDD. Additional storage shed included perfect for workshop. Schedule your showing today!

Key facts

• Stone countertops
• New flooring
• Updated bathrooms

Tags

• OVER AN ACRE OF LAND
• UPDATED KITCHEN
• STONE COUNTERTOPS
• NEW STAINLESS STEEL APPLIANCES
• UPDATED BATHROOMS
• NEW FLOORING

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Other parking
• Utilities: Electricity connected
• Home design: Double wide mobile home; Residential use
• Exterior features: 1.1-acre lot

Interior

• Kitchen: Electric oven; Microwave; Refrigerator
• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Electric oven; Microwave; Refrigerator

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath manufactured listed at $299k.

Deal economics

• At list price, monthly cash flow is $193 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $262k (12.3% below list).
• Recommended offer: $262k (12.3% below list) — sets the bar for 1% rule.
• Cap rate 7.1% vs local median 1.0% in Fernandina Beach — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 72/100 on livability (#369 in FL) — a middle-class / working-renter tenant base. Strengths: schools A+, crime A+, employment A+; Watch: cost of living D, amenities F, commute F.
• Nassau (town): math 74% / reading 65% proficiency, ranked #4 of 73 in FL (top 6%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+2.4%/yr); 946 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 953 units permitted in Nassau County in 2024 (24 in 5+ unit buildings).
• This rent runs 32% of the median local income ($99k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• Nassau County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 55 days — a 3% lower offer ($290k) is reasonable based on typical stale-listing flexibility.
• 13 sale attempts since 19y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $143k; list at $299k implies a 109% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $262,073 (12.3% below list)

Questions for the listing agent

1. It's been on market 55 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.88% ✗
• Cap rate: 7.07%
• Cash-on-cash: 2.77%
• DSCR: 1.12
• GRM: 9.5

CMA / ARV

• ARV (on-the-fly): $310,464
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
95082 Plum Loop	0.06mi	3/2.0	1,824 (-1%)	13mo	$135,000	$74	81
95114 Gentry Ln	0.20mi	3/2.0	1,624 (-12%)	0mo	$216,500	$133	66
95198 Jeana Ln	0.59mi	3/2.0	1,860 (+1%)	14mo	$339,000	$182	56
95222 Dwight Dr	0.44mi	2/2.0 (-1)	1,695 (-8%)	10mo	$285,000	$168	48

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.42% rent growth · sell at horizon

5-year hold

• IRR: -12.6%
• Equity multiple: 0.55×
• Total profit: $-37,737
• Equity at exit: $44,567

10-year hold

• IRR: -4.4%
• Equity multiple: 0.72×
• Total profit: $-23,506
• Equity at exit: $25,843

Cash invested: $83,692 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32034

• Rents YoY: 2.4%
• Active inventory: 946
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $2,621 high
• Mortgage (P&I): −$1,567
• Tax from tax record: −$185 /mo · $2,224/yr
• Insurance: −$125
• HOA: −$0
• Vacancy / Maint / Mgmt: −$550
• Net cashflow: $193

Break-even live

Break-even rent $2,376

Max offer price $298,900

Occupancy floor 88%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $74,725
• Closing costs: $8,967
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
95152 Cypress Trl Fernandina Beach, FL	3.0	2.5	1576	$2,600	$1.65	24d	1	0.11mi
95090 Timberlake Dr Fernandina Beach, FL	4.0	2.0	1856	$2,500	$1.35	15d	1	0.68mi
95337 Katherine St Fernandina Beach, FL	3.0	2.5	1795	$2,389	$1.33	24d	1	0.80mi
95353 Katherine St Fernandina Beach, FL	3.0	2.5	1795	$1,425	$0.79	17d	1	0.80mi
95425 Katherine St Fernandina Beach, FL	3.0	2.5	1749	$2,399	$1.37	8d	1	0.83mi
85277 Champlain Dr Fernandina Beach, FL	3.0	2.5	2347	$2,995	$1.28	2d	1	0.93mi

Listing history 50 events

1. 2026-06-18
   days on market $298,900 Active 55 DOM
2. 2026-06-17
   days on market $298,900 Active 54 DOM
3. 2026-06-16
   pricedays on market $298,900 Active 53 DOM
4. 2026-06-15
   days on market $299,900 Active 52 DOM
5. 2026-06-13
   days on market $299,900 Active 50 DOM
6. 2026-06-13
   days on market $299,900 Active 49 DOM
7. 2026-06-09
   days on market $299,900 Active 46 DOM
8. 2026-06-08
   days on market $299,900 Active 45 DOM
9. 2026-06-07
   days on market $299,900 Active 44 DOM
10. 2026-06-05
    days on market $299,900 Active 41 DOM
11. 2026-06-03
    days on market $299,900 Active 40 DOM
12. 2026-06-02
    days on market $299,900 Active 39 DOM
13. 2026-06-01
    days on market $299,900 Active 38 DOM
14. 2026-05-31
    days on market $299,900 Active 37 DOM
15. 2026-05-14
    price $299,900
16. 2026-05-07
    price $304,900
17. 2026-04-24
    listed $309,900 Active
18. 2026-04-21
    historical 469-char remark

    Show marketing remark (469 chars)

    **Back on Market with no fault to the seller!!**Recently renovated home on over an acre of land featuring 4 bedrooms and 2 bathrooms in the main home and a 1 bedroom ADU with bathroom! Upgrades include updated kitchen with stone countertops, new stainless steel appliances, updated bathrooms, new flooring throughout, new fixtures, fresh paint and more! Bring your toys, no HOA or CDD. Additional storage shed included perfect for workshop. Schedule your showing today!

19. 2026-04-09
    status Active 469-char remark

    Show marketing remark (469 chars)

    **Back on Market with no fault to the seller!!**Recently renovated home on over an acre of land featuring 4 bedrooms and 2 bathrooms in the main home and a 1 bedroom ADU with bathroom! Upgrades include updated kitchen with stone countertops, new stainless steel appliances, updated bathrooms, new flooring throughout, new fixtures, fresh paint and more! Bring your toys, no HOA or CDD. Additional storage shed included perfect for workshop. Schedule your showing today!

20. 2026-03-21
    historical Active Under Contract 469-char remark

    Show marketing remark (469 chars)

    **Back on Market with no fault to the seller!!**Recently renovated home on over an acre of land featuring 4 bedrooms and 2 bathrooms in the main home and a 1 bedroom ADU with bathroom! Upgrades include updated kitchen with stone countertops, new stainless steel appliances, updated bathrooms, new flooring throughout, new fixtures, fresh paint and more! Bring your toys, no HOA or CDD. Additional storage shed included perfect for workshop. Schedule your showing today!

21. 2026-03-05
    price $309,900 469-char remark

    Show marketing remark (469 chars)

    **Back on Market with no fault to the seller!!**Recently renovated home on over an acre of land featuring 4 bedrooms and 2 bathrooms in the main home and a 1 bedroom ADU with bathroom! Upgrades include updated kitchen with stone countertops, new stainless steel appliances, updated bathrooms, new flooring throughout, new fixtures, fresh paint and more! Bring your toys, no HOA or CDD. Additional storage shed included perfect for workshop. Schedule your showing today!

22. 2026-02-27
    price $313,400 469-char remark

    Show marketing remark (469 chars)

    **Back on Market with no fault to the seller!!**Recently renovated home on over an acre of land featuring 4 bedrooms and 2 bathrooms in the main home and a 1 bedroom ADU with bathroom! Upgrades include updated kitchen with stone countertops, new stainless steel appliances, updated bathrooms, new flooring throughout, new fixtures, fresh paint and more! Bring your toys, no HOA or CDD. Additional storage shed included perfect for workshop. Schedule your showing today!

23. 2026-02-20
    price $313,900 469-char remark

    Show marketing remark (469 chars)

    **Back on Market with no fault to the seller!!**Recently renovated home on over an acre of land featuring 4 bedrooms and 2 bathrooms in the main home and a 1 bedroom ADU with bathroom! Upgrades include updated kitchen with stone countertops, new stainless steel appliances, updated bathrooms, new flooring throughout, new fixtures, fresh paint and more! Bring your toys, no HOA or CDD. Additional storage shed included perfect for workshop. Schedule your showing today!

24. 2026-02-13
    price $314,400 469-char remark

    Show marketing remark (469 chars)

    **Back on Market with no fault to the seller!!**Recently renovated home on over an acre of land featuring 4 bedrooms and 2 bathrooms in the main home and a 1 bedroom ADU with bathroom! Upgrades include updated kitchen with stone countertops, new stainless steel appliances, updated bathrooms, new flooring throughout, new fixtures, fresh paint and more! Bring your toys, no HOA or CDD. Additional storage shed included perfect for workshop. Schedule your showing today!

25. 2026-02-05
    price $314,900 469-char remark

    Show marketing remark (469 chars)

    **Back on Market with no fault to the seller!!**Recently renovated home on over an acre of land featuring 4 bedrooms and 2 bathrooms in the main home and a 1 bedroom ADU with bathroom! Upgrades include updated kitchen with stone countertops, new stainless steel appliances, updated bathrooms, new flooring throughout, new fixtures, fresh paint and more! Bring your toys, no HOA or CDD. Additional storage shed included perfect for workshop. Schedule your showing today!

26. 2026-01-31
    status Active 469-char remark

    Show marketing remark (469 chars)

    **Back on Market with no fault to the seller!!**Recently renovated home on over an acre of land featuring 4 bedrooms and 2 bathrooms in the main home and a 1 bedroom ADU with bathroom! Upgrades include updated kitchen with stone countertops, new stainless steel appliances, updated bathrooms, new flooring throughout, new fixtures, fresh paint and more! Bring your toys, no HOA or CDD. Additional storage shed included perfect for workshop. Schedule your showing today!

27. 2026-01-26
    historical Active Under Contract 469-char remark

    Show marketing remark (469 chars)

    **Back on Market with no fault to the seller!!**Recently renovated home on over an acre of land featuring 4 bedrooms and 2 bathrooms in the main home and a 1 bedroom ADU with bathroom! Upgrades include updated kitchen with stone countertops, new stainless steel appliances, updated bathrooms, new flooring throughout, new fixtures, fresh paint and more! Bring your toys, no HOA or CDD. Additional storage shed included perfect for workshop. Schedule your showing today!

28. 2026-01-07
    listed $319,900 Active 469-char remark

    Show marketing remark (469 chars)

    **Back on Market with no fault to the seller!!**Recently renovated home on over an acre of land featuring 4 bedrooms and 2 bathrooms in the main home and a 1 bedroom ADU with bathroom! Upgrades include updated kitchen with stone countertops, new stainless steel appliances, updated bathrooms, new flooring throughout, new fixtures, fresh paint and more! Bring your toys, no HOA or CDD. Additional storage shed included perfect for workshop. Schedule your showing today!

29. 2026-01-01
    historical 421-char remark

    Show marketing remark (421 chars)

    Recently renovated home on over an acre of land featuring 4 bedrooms and 2 bathrooms in the main home and a 1 bedroom ADU with bathroom! Upgrades include updated kitchen with stone countertops, new stainless steel appliances, updated bathrooms, new flooring throughout, new fixtures, fresh paint and more! Bring your toys, no HOA or CDD. Additional storage shed included perfect for workshop. Schedule your showing today!

30. 2025-12-11
    price $319,400 421-char remark

    Show marketing remark (421 chars)

    Recently renovated home on over an acre of land featuring 4 bedrooms and 2 bathrooms in the main home and a 1 bedroom ADU with bathroom! Upgrades include updated kitchen with stone countertops, new stainless steel appliances, updated bathrooms, new flooring throughout, new fixtures, fresh paint and more! Bring your toys, no HOA or CDD. Additional storage shed included perfect for workshop. Schedule your showing today!

31. 2025-12-04
    listed $319,900 Active 421-char remark

    Show marketing remark (421 chars)

    Recently renovated home on over an acre of land featuring 4 bedrooms and 2 bathrooms in the main home and a 1 bedroom ADU with bathroom! Upgrades include updated kitchen with stone countertops, new stainless steel appliances, updated bathrooms, new flooring throughout, new fixtures, fresh paint and more! Bring your toys, no HOA or CDD. Additional storage shed included perfect for workshop. Schedule your showing today!

32. 2025-08-05
    soldstatus $143,000 Closed
33. 2025-08-05
    soldstatus $143,000 Closed
34. 2025-07-09
    status Pending
35. 2025-07-09
    status Pending
36. 2025-07-05
    listed $150,000 Active
37. 2025-07-05
    listed $150,000 Active
38. 2018-05-14
    soldstatus $102,000
39. 2018-05-14
    soldstatus $102,100
40. 2018-03-16
    listed $107,999
41. 2017-02-15
    historical
42. 2016-11-01
    listed $94,999
43. 2016-10-20
    listed $94,999
44. 2016-07-05
    soldstatus $37,100
45. 2016-05-14
    listed $34,500
46. 2013-08-30
    historical
47. 2013-08-20
    listed $36,500
48. 2007-10-31
    soldstatus $101,100
49. 2007-10-29
    soldstatus $101,060
50. 2007-06-11
    listed $95,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $2,224 · $185/mo
• Projected year-2 tax: $2,481 · $207/mo
• Expected delta: +$257/yr (+$21/mo · 11.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥106°F today · 20 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $31,449
• − Mortgage interest: −$16,743
• − Property taxes: −$2,224
• − Insurance: −$1,494
• − Repairs & maintenance: −$2,516
• − Management: −$2,516
• − Depreciation: −$8,695
• Taxable loss: −$2,740
• Est. tax savings @ 24.0%: +$658
• After-tax cash flow: $2,974/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Nassau
• NCES district ID: 1201350
• Math proficiency: 74% ▼ -2.00%
• Reading proficiency: 65% ▼ -2.00%
• Median HH income: $58,267
• Composite: 59.79/100
• National rank: #899
• State rank: #4 of 73 in FL

Livability — Fernandina Beach

• Score: 72/100
• State rank: #369
• US rank: #6484

Category grades

Amenities F Commute F Cost of living D Crime A+ Employment A+ Housing A+ Health & safety F User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Nassau County · 67,729 people
• City population: 41,029
• Metro: Jacksonville, FL
• Population (ZIP): 41,029
• Household income: $98,583
• Rent vs Own: 17.2% rent · 82.8% own
• Severe rent burden: 1230.0

Population outlook (Nassau County) Hauer SSP2

• Today (2025): 88,419 people
• By 2030: 92,679 · +4.8%
• By 2040: 99,257 · +12.3%
• By 2050: 103,378 · +16.9%
• By 2075: 109,726 · +24.1%
• By 2100: 107,006 · +21.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (85%)
• Race & ethnicity: White 85% Hispanic / Latino 6% Black 4% Two or more races 4% Asian 2%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Slovak 4% Lithuanian 2% Romanian 2%
• Foreign-born: 6% · Canada, China
• Languages at home: 93% English-only · Spanish 4% German/W. Germanic 1% Other Indo-European 1%

Political lean MEDSL · Nassau

• 2024 margin: Solid R (+46.9) · D 26.1% · R 73.1%
• 2008→2024 swing: -3.1pp toward R · 2008: -43.8pp · 2024: -46.9pp
• All cycles: 2024: R+46.9 2020: R+45.9 2016: R+50.2 2012: R+48.6 2008: R+43.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -576.71%
• Current HPI: 340.2096
• Rent YoY: ▲ 2.42%
• Metro: Jacksonville, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+687.1% since first listed

39 events — show timeline

• 2026-05-14 Price Changed $299,900 realMLS
• 2026-05-07 Price Changed $304,900 realMLS
• 2026-04-24 Listed $309,900 realMLS
• 2026-04-21 Listing Removed — realMLS
• 2026-04-09 Relisted — realMLS
• 2026-03-21 Contingent — realMLS
• 2026-03-05 Price Changed $309,900 realMLS
• 2026-02-27 Price Changed $313,400 realMLS
• 2026-02-20 Price Changed $313,900 realMLS
• 2026-02-13 Price Changed $314,400 realMLS
• 2026-02-05 Price Changed $314,900 realMLS
• 2026-01-31 Relisted — realMLS
• 2026-01-26 Contingent — realMLS
• 2026-01-07 Listed $319,900 realMLS
• 2026-01-01 Listing Removed — realMLS
• 2025-12-11 Price Changed $319,400 realMLS
• 2025-12-04 Listed $319,900 realMLS
• 2025-08-05 Sold (MLS) $143,000 AINCAR
• 2025-08-05 Sold (MLS) $143,000 realMLS
• 2025-07-09 Pending — realMLS
• 2025-07-09 Pending — AINCAR
• 2025-07-05 Listed $150,000 AINCAR
• 2025-07-05 Listed $150,000 realMLS
• 2018-05-14 Sold (Public Records) $102,100 Public Records
• 2018-05-14 Sold (MLS) $102,000 AINCAR
• 2018-03-16 Listed $107,999 AINCAR
• 2017-02-15 Listing Removed — realMLS
• 2016-11-01 Listed $94,999 realMLS
• 2016-10-20 Listed $94,999 AINCAR
• 2016-07-05 Sold (MLS) $37,100 realMLS
• 2016-05-14 Listed $34,500 realMLS
• 2013-08-30 Listing Removed — realMLS
• 2013-08-20 Listed $36,500 realMLS
• 2007-10-31 Sold (Public Records) $101,100 Public Records
• 2007-10-29 Sold (MLS) $101,060 AINCAR
• 2007-06-11 Listed $95,000 AINCAR
• 2000-05-05 Sold (Public Records) $40,500 Public Records
• 1991-12-20 Sold (Public Records) $35,000 Public Records
• 1991-01-18 Sold (Public Records) $38,100 Public Records

Property tax history

+11.6%/yr

Latest (2025): $2,224 · -10.8% YoY. Source: county tax records.