365 Cedarstone WaySaint 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 365 Cedarstone Way, Saint Augustine, FL, 32092 offers $1,615/mo rent that, after a $1,107/mo payment. Total monthly income is $1,615/mo. Return on cash invested measures 16.83% in year one, and rental yield stands at 8.57% at a $226,178 entry. Equity gained on principal adds $1,459/yr while 5% annual appreciation compounds into $62,489 by year five. Five-year ROI records 88.72% and total cumulative return in cash reaches $66,523. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,615/mo property income versus a $1,107/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
10,018 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: Jamie Boone • BOONE, JAMIE LEA
Mls Name: My State MLS
Mls ID: #11477509