1951 MAKARIOS DriveSaint AugustineFL32080
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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 1951 MAKARIOS Drive, Saint Augustine, FL, 32080 generates $3,045/mo in rent, after a $2,655/mo payment. Total monthly income is $3,045/mo. Return on cash invested sits at 11.46% in year one, and rental yield is 6.74% on a $542,500 entry. Equity gained on principal adds $3,501/yr, while 5% annual appreciation builds toward $149,883 over five years. Five-year ROI reaches 59.89% and total cumulative return in cash sums $106,891. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,045/mo property income rather than buyer’s personal income.
Townhouse
Built in 2005
N/A lot
$N/A/sqft
$1,755 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32080, Saint Augustine, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,108 (100%) |
| Owner Occupied HU | 8,476 (52.6%) |
| Renter Occupied HU | 2,504 (15.5%) |
| Vacant Housing Units | 5,128 (31.8%) |
| Median Home Value | $647,774 |
| Average Home Value | $764,499 |
Housing Distribution
Address Breakdown
Residential
13,990
Single Family
10,080
Multi-Family
3,910
Businesses
802
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Listed by: JESSICA TISBY • MOMENTUM REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2092994
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.