108 Albacete Rd,Saint Augustine,FL,32084

Investment Highlights

Rental property for sale in Saint Augustine at 108 Albacete Rd, Saint Augustine, FL, 32084 offers $2,684/mo rent that, after a $1,713/mo payment, leaves $362/mo cash flow. Total monthly income is $2,684/mo, and annual cash flow is $4,339/yr on $115,992 cash. Return on cash invested measures 23.65% in year one, and rental yield stands at 9.2% at a $349,900 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,671 by year five. Five-year ROI records 123.5% and total cumulative return in cash reaches $143,250. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,684/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.