332 Miromar Lake Dr,Saint Augustine,FL,32084

Investment Highlights

Investment property for sale in Saint Augustine at 332 Miromar Lake Dr, Saint Augustine, FL, 32084 listed at $432,494 pairs $2,874/mo rent with a $2,117/mo payment to leave $4/mo cash flow. Total monthly income runs $2,874/mo, and annual cash flow reaches $45/yr on $143,372 cash to close. Return on cash invested measures 19.94% in year one, and rental yield registers 7.97% at a $432,494 basis. Equity gained on principal adds $2,791/yr, and annual property appreciation at 5% supports $119,490 by year five. Five-year ROI tracks 103.6% and total cumulative return in cash totals $148,530. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,874/mo property income relative to a $2,117/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).