217 Silver Myrtle Court StAugustineFL32092
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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 Augustine at 217 Silver Myrtle Court St, Augustine, FL, 32092 offers $2,836/mo rent that, after a $2,048/mo payment, leaves $59/mo cash flow. Total monthly income is $2,836/mo, and annual cash flow is $709/yr on $138,733 cash. Return on cash invested measures 20.42% in year one, and rental yield stands at 8.13% at a $418,500 entry. Equity gained on principal adds $2,701/yr while 5% annual appreciation compounds into $115,624 by year five. Five-year ROI records 106.19% and total cumulative return in cash reaches $147,316. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,836/mo property income versus a $2,048/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No 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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