1638 TERRA PINES BoulevardSaint 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 1638 TERRA PINES Boulevard, Saint Augustine, FL, 32092 priced at $520,555 converts $5,125/mo rent into $1,616/mo cash flow after a $2,548/mo obligation. Total monthly income equals $5,125/mo, and annual cash flow totals $19,396/yr on $171,263 invested. Return on cash invested prints 31.39% in year one, and rental yield reads 11.81% against a $520,555 entry. Equity gained on principal adds $3,359/yr, while 5% annual appreciation compiles into $143,820 by year five. Five-year ROI reaches 165.09% and total cumulative return in cash sums $282,737. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,125/mo property income covering a $2,548/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.25 Acres lot
$N/A/sqft
$54 monthly 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: MARGIE MALTBIE • MALTBIE REALTORS
Mls Name: realMLS
Mls Provider:
Mls ID: #2030806
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.