175 Miromar Lake Dr,Saint Augustine,FL,32084

Investment Highlights

Investment property for sale in Saint Augustine at 175 Miromar Lake Dr, Saint Augustine, FL, 32084 with 5% annual appreciation on a $467,994 basis while $5,329/mo rent supports operations. Total monthly income totals $5,329/mo and a $2,291/mo payment preserves $2,223/mo for cash returns. Annual cash flow comes to $26,675/yr on $155,140 deployed, and return on cash invested reaches 37.1% in year one. Equity gained on principal adds $3,020/yr, and five-year appreciation sums $129,298 alongside rental yield of 13.66%. Five-year ROI measures 195.63% and total cumulative return in cash totals $303,495.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,329/mo property income versus a $2,291/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.