110 Ocean Hollow Ln APT 115,Saint Augustine,FL,32084

Investment Highlights

Investment property for sale in Saint Augustine at 110 Ocean Hollow Ln APT 115, Saint Augustine, FL, 32084 listed at $317,500 pairs $2,355/mo rent with a $1,554/mo payment to leave $248/mo cash flow. Total monthly income runs $2,355/mo, and annual cash flow reaches $2,976/yr on $105,251 cash to close. Return on cash invested measures 22.74% in year one, and rental yield registers 8.9% at a $317,500 basis. Equity gained on principal adds $2,049/yr, and annual property appreciation at 5% supports $87,719 by year five. Five-year ROI tracks 118.63% and total cumulative return in cash totals $124,858. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,355/mo property income relative to a $1,554/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).