23 MIROMAR LAKE DriveSaint AugustineFL32084
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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 23 MIROMAR LAKE Drive, Saint Augustine, FL, 32084 offers $4,639/mo rent that, after a $1,955/mo payment, leaves $1,973/mo cash flow. Total monthly income is $4,639/mo, and annual cash flow is $23,679/yr on $132,432 cash. Return on cash invested measures 37.79% in year one, and rental yield stands at 13.93% at a $399,494 entry. Equity gained on principal adds $2,578/yr while 5% annual appreciation compounds into $110,373 by year five. Five-year ROI records 199.37% and total cumulative return in cash reaches $264,025. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,639/mo property income versus a $1,955/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
5,662 sqft lot
$N/A/sqft
$180 annually HOA
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Listed by: MATTHEW FIGLESTHALER • LENNAR REALTY INC
Mls Name: realMLS
Mls Provider:
Mls ID: #2041640
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.