2928 Gray Jay DrSaint AugustineFL32084








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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 2928 Gray Jay Dr, Saint Augustine, FL, 32084 priced at $233,000 pairs $2,785/mo rent with $1,218/mo cash flow after a $1,140/mo payment. Total monthly income equals $2,785/mo, and annual cash flow comes to $14,620/yr on $77,240 invested. Return on cash invested is 38.84% in year one, and rental yield stands at 14.34% on a $233,000 basis. Equity gained on principal adds $1,504/yr, and 5% annual appreciation accumulates to $64,374 by year five. Five-year ROI measures 205.08% and total cumulative return in cash reaches $158,401. For financing, Ziffy Mortgage’s DSCR program evaluates $2,785/mo property income against a $1,140/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2005
0.26 Acres lot
$N/A/sqft
$250 annually HOA
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Listed by: Noah Bailey • Keller Williams St Augustine
Mls Name: St Augustine St Johns County BOR
Mls Provider:
Mls ID: #244836
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.








