244 WILLOW LAKE DriveSaint 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
Investment property for sale in Saint Augustine at 244 WILLOW LAKE Drive, Saint Augustine, FL, 32092 offers a 7.7% rental yield on a $629,900 purchase with $4,040/mo rent. 25% in year one. Equity gained on principal adds $4,065/yr while 5% annual appreciation supports $174,030 over five years. Portfolio math shows five-year ROI at 99.85% and total cumulative return in cash at $206,931. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,040/mo property income against a $3,083/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
6,534 sqft 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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Listed by: JOHN H JACKIEWICZ • WEICHERT REALTORS COASTAL CITY
Mls Name: realMLS
Mls ID: #2107447