114 LOGRONO Court,Saint Augustine,FL,32084

Investment Highlights

Rental property for sale in Saint Augustine at 114 LOGRONO Court, Saint Augustine, FL, 32084 offers $3,071/mo rent that, after a $2,080/mo payment, leaves $251/mo cash flow. Total monthly income is $3,071/mo, and annual cash flow is $3,009/yr on $140,888 cash. Return on cash invested measures 22.05% in year one, and rental yield stands at 8.67% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 114.88% and total cumulative return in cash reaches $161,849. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,071/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.