24 THURNHAM LaneSaint AugustineFL32092
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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 24 THURNHAM Lane, Saint Augustine, FL, 32092 offers $2,453/mo rent that, after a $1,566/mo payment, leaves $97/mo cash flow. Total monthly income is $2,453/mo, and annual cash flow is $1,160/yr on $106,077 cash. Return on cash invested measures 21% in year one, and rental yield stands at 9.2% at a $319,990 entry. Equity gained on principal adds $2,065/yr while 5% annual appreciation compounds into $88,407 by year five. Five-year ROI records 110.26% and total cumulative return in cash reaches $116,964. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,453/mo property income versus a $1,566/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2023
N/A lot
$N/A/sqft
$233 monthly 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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Listed by: NANCY PRUITT • OLYMPUS EXECUTIVE REALTY, INC
Mls Name: realMLS
Mls Provider:
Mls ID: #1190880
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.