130 OCEAN HIBISCUS Drive UNIT 204Saint AugustineFL32080
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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 130 OCEAN HIBISCUS Drive UNIT 204, Saint Augustine, FL, 32080 priced at $399,000 pairs $2,340/mo rent with after a $1,953/mo payment. Total monthly income equals $2,340/mo. Return on cash invested is 12.13% in year one, and rental yield stands at 7.04% on a $399,000 basis. Equity gained on principal adds $2,575/yr, and 5% annual appreciation accumulates to $110,236 by year five. Five-year ROI measures 63.57% and total cumulative return in cash reaches $84,086. For financing, Ziffy Mortgage’s DSCR program evaluates $2,340/mo property income against a $1,953/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1985
N/A lot
$N/A/sqft
$549 monthly 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: BOB W LINDSEY • LIGHTHOUSE REALTY ASSOCIATES
Mls Name: realMLS
Mls Provider:
Mls ID: #2005029
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.