359 CAPE Avenue, Saint Augustine, FL, 32084 | 6.99% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Saint Augustine at 359 CAPE Avenue, Saint Augustine, FL, 32084 offers a 6.99% rental yield on a $320,000 purchase with $1,864/mo rent. 98% in year one. Equity gained on principal adds $2,065/yr while 5% annual appreciation supports $88,410 over five years. Portfolio math shows five-year ROI at 87.71% and total cumulative return in cash at $93,039. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,864/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2007

5,662 sqft lot

$N/A/sqft

No HOA