124 SPARTINA AvenueSaint AugustineFL32080
Nearby investment properties with comparable rents
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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
Rental property for sale in Saint Augustine at 124 SPARTINA Avenue, Saint Augustine, FL, 32080 offers $6,918/mo rent that, after a $6,367/mo payment. Total monthly income is $6,918/mo. Return on cash invested measures 15.09% in year one, and rental yield stands at 6.38% at a $1,300,800 entry. Equity gained on principal adds $8,394/yr while 5% annual appreciation compounds into $359,387 by year five. Five-year ROI records 77.65% and total cumulative return in cash reaches $327,255. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,918/mo property income versus a $6,367/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.63 Acres lot
$N/A/sqft
$420 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32080, Saint Augustine, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,108 (100%) |
| Owner Occupied HU | 8,476 (52.6%) |
| Renter Occupied HU | 2,504 (15.5%) |
| Vacant Housing Units | 5,128 (31.8%) |
| Median Home Value | $647,774 |
| Average Home Value | $764,499 |
Housing Distribution
Address Breakdown
Residential
13,990
Single Family
10,080
Multi-Family
3,910
Businesses
802
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Listed by: Christine Margaret Matthaei • BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2055598
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. Data is deemed reliable but is not guaranteed accurate by realMLS.