256 KINGSTON Drive,Saint Augustine,FL,32084

Investment Highlights

Rental property for sale in Saint Augustine at 256 KINGSTON Drive, Saint Augustine, FL, 32084 offers $3,212/mo rent that, after a $2,247/mo payment, leaves $166/mo cash flow. Total monthly income is $3,212/mo, and annual cash flow is $1,987/yr on $152,159 cash. Return on cash invested measures 21.21% in year one, and rental yield stands at 8.4% at a $459,000 entry. Equity gained on principal adds $2,962/yr while 5% annual appreciation compounds into $126,813 by year five. Five-year ROI records 110.43% and total cumulative return in cash reaches $168,035. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,212/mo property income versus a $2,247/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.