231 N WHITNEY Street,Saint Augustine,FL,32084

Investment Highlights

Investment property for sale in Saint Augustine at 231 N WHITNEY Street, Saint Augustine, FL, 32084 listed at $179,900 pairs $1,439/mo rent with a $881/mo payment to leave $245/mo cash flow. Total monthly income runs $1,439/mo, and annual cash flow reaches $2,936/yr on $59,637 cash to close. Return on cash invested measures 24.83% in year one, and rental yield registers 9.6% at a $179,900 basis. Equity gained on principal adds $1,161/yr, and annual property appreciation at 5% supports $49,703 by year five. Five-year ROI tracks 129.82% and total cumulative return in cash totals $77,421. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,439/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).