156 MARTELLO DriveSaint AugustineFL32092
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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 156 MARTELLO Drive, Saint Augustine, FL, 32092 priced at $444,000 converts $3,847/mo rent into $758/mo cash flow after a $2,173/mo obligation. Total monthly income equals $3,847/mo, and annual cash flow totals $9,096/yr on $147,186 invested. Return on cash invested prints 26.09% in year one, and rental yield reads 10.4% against a $444,000 entry. Equity gained on principal adds $2,865/yr, while 5% annual appreciation compiles into $122,669 by year five. Five-year ROI reaches 137.02% and total cumulative return in cash sums $201,678. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,847/mo property income covering a $2,173/mo payment, not borrower’s personal income.
Single Family
Built in 2018
6,534 sqft lot
$N/A/sqft
$428 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32092, Saint Augustine, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,237 (100%) |
| Owner Occupied HU | 19,388 (80.0%) |
| Renter Occupied HU | 2,898 (12.0%) |
| Vacant Housing Units | 1,951 ( 8.0%) |
| Median Home Value | $551,045 |
| Average Home Value | $590,393 |
Housing Distribution
Address Breakdown
Residential
21,437
Single Family
19,179
Multi-Family
2,258
Businesses
544
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Listed by: NOAH BAILEY • KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE
Mls Name: realMLS
Mls Provider:
Mls ID: #2039995
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.