245 Wildwood Dr #263Saint AugustineFL32086
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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 245 Wildwood Dr #263, Saint Augustine, FL, 32086 listed at $255,000 pairs $2,118/mo rent with a $1,248/mo payment to leave $426/mo cash flow. Total monthly income runs $2,118/mo, and annual cash flow reaches $5,110/yr on $84,533 cash to close. Return on cash invested measures 25.95% in year one, and rental yield registers 9.97% at a $255,000 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 135.83% and total cumulative return in cash totals $114,824. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,118/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32086, Saint Augustine, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,295 (100%) |
| Owner Occupied HU | 11,913 (73.1%) |
| Renter Occupied HU | 2,942 (18.1%) |
| Vacant Housing Units | 1,440 ( 8.8%) |
| Median Home Value | $463,641 |
| Average Home Value | $526,140 |
Housing Distribution
Address Breakdown
Residential
15,765
Single Family
14,243
Multi-Family
1,522
Businesses
1,131
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Listed by: Beverly Daniel • NORTH FLORIDA RESALES, LLC
Mls Name: My State MLS
Mls ID: #11512448