129 Rio Del Mar St #C, Saint Augustine, FL, 32080 | $74/mo Cash Flow

For Sale

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 129 Rio Del Mar St #C, Saint Augustine, FL, 32080 with 5% annual appreciation on a $255,000 basis while $1,766/mo rent supports operations. Total monthly income totals $1,766/mo and a $1,248/mo payment preserves $74/mo for cash returns. Annual cash flow comes to $886/yr on $84,533 deployed, and return on cash invested reaches 20.96% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,452 alongside rental yield of 8.31%. Five-year ROI measures 109.06% and total cumulative return in cash totals $92,192.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,766/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 1983

N/A lot

$N/A/sqft

No 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