362 PARADAS PlaceSaint AugustineFL32092
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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 362 PARADAS Place, Saint Augustine, FL, 32092 offers $2,318/mo rent that, after a $1,468/mo payment, leaves $328/mo cash flow. Total monthly income is $2,318/mo, and annual cash flow is $3,932/yr on $99,417 cash. Return on cash invested measures 23.86% in year one, and rental yield stands at 9.28% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 124.64% and total cumulative return in cash reaches $123,916. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,318/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2015
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32092, Saint Augustine, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,237 (100%) |
| Owner Occupied HU | 19,388 (80.0%) |
| Renter Occupied HU | 2,898 (12.0%) |
| Vacant Housing Units | 1,951 ( 8.0%) |
| Median Home Value | $551,045 |
| Average Home Value | $590,393 |
Housing Distribution
Address Breakdown
Residential
21,437
Single Family
19,179
Multi-Family
2,258
Businesses
544
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Listed by: NANCY BASS • BASS PROFESSIONAL REALTY, INC
Mls Name: realMLS
Mls ID: #2113411