38 LITKE LaneSaint AugustineFL32086
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Nearby investment properties with comparable prices
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
Investment property for sale in Saint Augustine at 38 LITKE Lane, Saint Augustine, FL, 32086 at $409,999 posts ROI 22.9% with $339/mo cash flow from $3,060/mo rent. Total monthly income equals $3,060/mo, and annual cash flow records $4,067/yr on $135,915 to close. Return on cash invested measures 22.9% and rental yield reads 8.96% at the current $409,999. Equity gained on principal adds $2,646/yr, and 5% annual appreciation supports $113,275 by year five. Five-year ROI prints 119.47% and total cumulative return in cash totals $162,371.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,060/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2014
6,969 sqft lot
$N/A/sqft
No 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: CLAY MARTIN • DAVIDSON REALTY, INC.
Mls Name: realMLS
Mls ID: #2103602