159 MARINE Street #105,Saint Augustine,FL,32084

Investment Highlights

Investment property for sale in Saint Augustine at 159 MARINE Street #105, Saint Augustine, FL, 32084 listed at $585,000 pairs $2,928/mo rent with a $2,863/mo payment. Total monthly income runs $2,928/mo. Return on cash invested measures 14.11% in year one, and rental yield registers 6.01% at a $585,000 basis. Equity gained on principal adds $3,775/yr, and annual property appreciation at 5% supports $161,625 by year five. Five-year ROI tracks 72.33% and total cumulative return in cash totals $139,218. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,928/mo property income relative to a $2,863/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).