3385 COASTAL Highway UNIT 23Saint 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
Investment property for sale in Saint Augustine at 3385 COASTAL Highway UNIT 23, Saint Augustine, FL, 32084 offers a 7.29% rental yield on a $529,000 purchase with $3,212/mo rent. 89% in year one. Equity gained on principal adds $3,414/yr while 5% annual appreciation supports $146,153 over five years. Portfolio math shows five-year ROI at 62.6% and total cumulative return in cash at $108,953. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,212/mo property income against a $2,589/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1983
N/A lot
$N/A/sqft
$887 monthly HOA
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Nearby investment properties with comparable prices
Listed by: BENJAMIN BARFOOT • JPAR CITY AND BEACH
Mls Name: realMLS
Mls Provider:
Mls ID: #2055797
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.