247 Shores BlvdSaint AugustineFL32086
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Nearby investment properties with comparable prices
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 247 Shores Blvd, Saint Augustine, FL, 32086 uses $101,108 cash to close to unlock $6,232/yr annual cash flow and $519/mo monthly cash flow. Total monthly income runs $2,605/mo, and a $1,493/mo payment keeps the spread at $519/mo. Purchase price stands at $305,000, and rental yield measures 10.25% with $2,605/mo rent. Return on cash invested shows 26.07% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 136.77% and total cumulative return in cash records $138,286. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,605/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 1975
7,840 sqft lot
$N/A/sqft
$33 monthly 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: Kate Mitchell • One Sotheby's International Realty
Mls Name: St Augustine St Johns County BOR
Mls Provider:
Mls ID: #245206
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. Information is deemed reliable but not guaranteed. 2025 St Augustine & St. Johns County Board of REALTORS. All rights reserved.