140 Old Town Parkway Incl Garage #3203Saint 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
Rental property for sale in Saint Augustine at 140 Old Town Parkway Incl Garage #3203, Saint Augustine, FL, 32084 generates $2,284/mo in rent and, after a $1,116/mo payment, leaves $361/mo in cash flow. Total monthly income is $2,284/mo, and annual cash flow is $4,331/yr on $75,582 invested. Return on cash invested sits at 25.64% in year one, and rental yield is 12.02% on a $228,000 entry. Equity gained on principal adds $1,471/yr, while 5% annual appreciation builds toward $62,992 over five years. Five-year ROI reaches 136.51% and total cumulative return in cash sums $103,179. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,284/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$410 monthly HOA
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Listed by: Kate Stevens • Florida Homes Realty & Mortgage
Mls Name: St Augustine St Johns County BOR
Mls Provider:
Mls ID: #244092
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.