130 Old Town Pkwy UNIT 2104,Saint Augustine,FL,32084

Investment Highlights

Rental property for sale in Saint Augustine at 130 Old Town Pkwy UNIT 2104, Saint Augustine, FL, 32084 generates $2,284/mo in rent and, after a $1,126/mo payment, leaves $757/mo in cash flow. Total monthly income is $2,284/mo, and annual cash flow is $9,089/yr on $76,245 invested. Return on cash invested sits at 31.83% in year one, and rental yield is 11.92% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 167.39% and total cumulative return in cash sums $127,627. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,284/mo property income rather than buyer’s personal income.