2 Cartagena CtSaint AugustineFL32086
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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 2 Cartagena Ct, Saint Augustine, FL, 32086 priced at $239,900 pairs $1,719/mo rent with $90/mo cash flow after a $1,174/mo payment. Total monthly income equals $1,719/mo, and annual cash flow comes to $1,082/yr on $79,527 invested. Return on cash invested is 21.27% in year one, and rental yield stands at 8.6% on a $239,900 basis. Equity gained on principal adds $1,548/yr, and 5% annual appreciation accumulates to $66,280 by year five. Five-year ROI measures 110.97% and total cumulative return in cash reaches $88,255. For financing, Ziffy Mortgage’s DSCR program evaluates $1,719/mo property income against a $1,174/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1981
N/A lot
$N/A/sqft
$33 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32086, Saint Augustine, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,295 (100%) |
| Owner Occupied HU | 11,913 (73.1%) |
| Renter Occupied HU | 2,942 (18.1%) |
| Vacant Housing Units | 1,440 ( 8.8%) |
| Median Home Value | $463,641 |
| Average Home Value | $526,140 |
Housing Distribution
Address Breakdown
Residential
15,765
Single Family
14,243
Multi-Family
1,522
Businesses
1,131
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Listed by: Townsend Russell • Great Expectations Realty
Mls Name: St Augustine St Johns County BOR
Mls Provider:
Mls ID: #251983
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. Information is deemed reliable but not guaranteed. 2025 St Augustine & St. Johns County Board of REALTORS. All rights reserved.