35 PALMONES Street,Saint Augustine,FL,32084

Investment Highlights

Investment property for sale in Saint Augustine at 35 PALMONES Street, Saint Augustine, FL, 32084 with 5% annual appreciation on a $254,990 basis while $2,400/mo rent supports operations. Total monthly income totals $2,400/mo and a $1,248/mo payment preserves $708/mo for cash returns. Annual cash flow comes to $8,495/yr on $84,529 deployed, and return on cash invested reaches 29.96% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,449 alongside rental yield of 11.29%. Five-year ROI measures 157.31% and total cumulative return in cash totals $132,977.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,400/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.