140 Old Town Pkwy UNIT 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
Investment property for sale in Saint Augustine at 140 Old Town Pkwy UNIT 3203, Saint Augustine, FL, 32084 offers a 10.83% rental yield on a $210,000 purchase with $1,895/mo rent. Total monthly income registers $1,895/mo, and a $1,028/mo payment leaves $81/mo available for distribution. Annual cash flow reaches $975/yr on $69,615 to close, and return on cash invested stands at 21.31% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 113.62% and total cumulative return in cash at $79,096. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,895/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
N/A lot
$N/A/sqft
$388 monthly HOA
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Listed by: Byron Garber • River and Coast Property Group
Mls Name: St Augustine St Johns County BOR
Mls Provider:
Mls ID: #226024
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. 2025 St Augustine & St. Johns County Board of REALTORS. All rights reserved.