1089 RUSTIC MILL Drive, Saint Augustine, FL, 32092 | $775/mo Cash Flow

For Sale

Listed for sale 5 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Saint Augustine at 1089 RUSTIC MILL Drive, Saint Augustine, FL, 32092 offers a 10.42% rental yield on a $379,000 purchase with $3,290/mo rent. Total monthly income registers $3,290/mo, and a $1,855/mo payment leaves $775/mo available for distribution. Annual cash flow reaches $9,299/yr on $125,639 to close, and return on cash invested stands at 27.31% in year one. Equity gained on principal adds $2,446/yr while 5% annual appreciation supports $104,711 over five years. Portfolio math shows five-year ROI at 143.1% and total cumulative return in cash at $179,795. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,290/mo property income against a $1,855/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2022

6,098 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 32092, Saint Augustine, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	24,237 (100%)
Owner Occupied HU	19,388 (80.0%)
Renter Occupied HU	2,898 (12.0%)
Vacant Housing Units	1,951 ( 8.0%)
Median Home Value	$551,045
Average Home Value	$590,393