369 ALTARA DriveSaint AugustineFL32086
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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 369 ALTARA Drive, Saint Augustine, FL, 32086 generates $2,203/mo in rent and, after a $1,590/mo payment, leaves $14/mo in cash flow. Total monthly income is $2,203/mo, and annual cash flow is $170/yr on $107,704 invested. Return on cash invested sits at 20.07% in year one, and rental yield is 8.14% on a $324,900 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 104.45% and total cumulative return in cash sums $112,493. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,203/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
7,840 sqft lot
$N/A/sqft
$33 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32086, Saint Augustine, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,295 (100%) |
| Owner Occupied HU | 11,913 (73.1%) |
| Renter Occupied HU | 2,942 (18.1%) |
| Vacant Housing Units | 1,440 ( 8.8%) |
| Median Home Value | $463,641 |
| Average Home Value | $526,140 |
Housing Distribution
Address Breakdown
Residential
15,765
Single Family
14,243
Multi-Family
1,522
Businesses
1,131
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Listed by: DAVID WILLIAM LAMBERT • REDFIN CORPORATION
Mls Name: realMLS
Mls Provider:
Mls ID: #2086123
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.