2961 RACE TRACK RoadSaint 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 2961 RACE TRACK Road, Saint Augustine, FL, 32084 offers $2,772/mo rent that, after a $1,713/mo payment, leaves $437/mo cash flow. Total monthly income is $2,772/mo, and annual cash flow is $5,245/yr on $115,992 cash. Return on cash invested measures 24.43% in year one, and rental yield stands at 9.51% at a $349,900 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,671 by year five. Five-year ROI records 127.75% and total cumulative return in cash reaches $148,182. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,772/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2003
1 Acres lot
$N/A/sqft
$150 annually HOA
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Listed by: LUKE NEWCOMER • THE NEWCOMER GROUP
Mls Name: realMLS
Mls Provider:
Mls ID: #2053076
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. Data is deemed reliable but is not guaranteed accurate by realMLS.