229 SPOONBILL CircleSaint AugustineFL32095
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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
Investment property for sale in Saint Augustine at 229 SPOONBILL Circle, Saint Augustine, FL, 32095 offers a 7.83% rental yield on a $414,499 purchase with $2,705/mo rent. 91% in year one. Equity gained on principal adds $2,675/yr while 5% annual appreciation supports $114,518 over five years. Portfolio math shows five-year ROI at 88.3% and total cumulative return in cash at $121,328. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,705/mo property income against a $2,029/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
6,098 sqft lot
$N/A/sqft
$210 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32095, Saint Augustine, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,370 (100%) |
| Owner Occupied HU | 7,845 (69.0%) |
| Renter Occupied HU | 1,719 (15.1%) |
| Vacant Housing Units | 1,806 (15.9%) |
| Median Home Value | $547,345 |
| Average Home Value | $705,162 |
Housing Distribution
Address Breakdown
Residential
9,328
Single Family
9,172
Multi-Family
156
Businesses
479
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Listed by: Brenda Chandler • BERKSHIRE HATHAWAY HOME SERVICES HEYMANN WILLIAMS
Mls Name: realMLS
Mls Provider:
Mls ID: #2045266
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.