307 MIROMAR LAKE DriveSaint 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 307 MIROMAR LAKE Drive, Saint Augustine, FL, 32084 generates $2,580/mo in rent and, after a $1,762/mo payment, leaves $130/mo in cash flow. Total monthly income is $2,580/mo, and annual cash flow is $1,564/yr on $119,335 invested. Return on cash invested sits at 21.22% in year one, and rental yield is 8.6% on a $359,985 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,457 over five years. Five-year ROI reaches 110.7% and total cumulative return in cash sums $132,101. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,580/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
6,098 sqft lot
$N/A/sqft
$182 quarterly HOA
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Listed by: TARA M JINKS • LENNAR REALTY INC
Mls Name: realMLS
Mls Provider:
Mls ID: #2075032
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.