Investing in Nassau County
Nassau County covers 3 rental markets we actively finance in Florida — Callahan, Fernandina Beach, Yulee. Across those markets the median investment basis averages $455,000, a long-term lease averages $3,300/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $3,492. That produces a county-wide average DSCR ratio near 1.01x.
Basis varies more inside Nassau County than the average suggests. Callahan is the lowest entry point at roughly $295,000, while Callahan currently models the strongest coverage ratio in the county at 1.19x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.