263 FAIRLAKE CircleSaint 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 263 FAIRLAKE Circle, Saint Augustine, FL, 32092 priced at $354,900 converts $1,890/mo rent into after a $1,737/mo obligation. Total monthly income equals $1,890/mo. Return on cash invested prints 15.16% in year one, and rental yield reads 6.39% against a $354,900 entry. Equity gained on principal adds $2,290/yr, while 5% annual appreciation compiles into $98,052 by year five. Five-year ROI reaches 77.98% and total cumulative return in cash sums $91,744. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,890/mo property income covering a $1,737/mo payment, not borrower’s personal income.
Single Family
Built in 2023
4,791 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: DANIELLE JANSON • MAXREV, LLC
Mls Name: realMLS
Mls ID: #2109042