120 Old Village Pkwy #1303Saint AugustineFL32084
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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
Investment Highlights
Investment property for sale in Saint Augustine at 120 Old Village Pkwy #1303, Saint Augustine, FL, 32084 uses $64,311 cash to close to unlock $7,129/yr annual cash flow and $594/mo monthly cash flow. Total monthly income runs $2,284/mo, and a $950/mo payment keeps the spread at $594/mo. Purchase price stands at $194,000, and rental yield measures 14.13% with $2,284/mo rent. Return on cash invested shows 30.99% in year one, and 5% annual appreciation builds toward $53,599 over five years. Five-year ROI reaches 165.67% and total cumulative return in cash records $106,544. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,284/mo property income covering a $950/mo payment rather than investor’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$402 monthly HOA
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Listed by: Marion Richardson • Coldwell Banker Premier Properties
Mls Name: St Augustine St Johns County BOR
Mls Provider:
Mls ID: #243841
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2024 St Augustine & St. Johns County Board of REALTORS. All rights reserved.