38 MAGNOLIA Avenue, Saint Augustine, FL, 32084 | 4.24% Rental Yield

For Sale

Rental Income

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

Rental property for sale in Saint Augustine at 38 MAGNOLIA Avenue, Saint Augustine, FL, 32084 offers $4,554/mo rent that, after a $6,314/mo payment. Total monthly income is $4,554/mo. Return on cash invested measures 8.87% in year one, and rental yield stands at 4.24% at a $1,290,000 entry. Equity gained on principal adds $8,324/yr while 5% annual appreciation compounds into $356,403 by year five. Five-year ROI records 44.13% and total cumulative return in cash reaches $184,448. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,554/mo property income versus a $6,314/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2023

4,791 sqft lot

$N/A/sqft

No HOA