4 Ocean Trace Rd UNIT 118Saint AugustineFL32080
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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
Investment property for sale in Saint Augustine at 4 Ocean Trace Rd UNIT 118, Saint Augustine, FL, 32080 earns from $2,845/mo rent with a $2,687/mo payment. Total monthly income totals $2,845/mo. ROI tracks 14.76% on current figures, and rental yield reads 6.22% at a $549,000 purchase. Equity gained on principal adds $3,543/yr, and 5% annual appreciation supports $151,679 over five years. Five-year ROI reaches 75.78% and total cumulative return in cash sums $136,868. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,845/mo property income instead of your personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32080, Saint Augustine, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,108 (100%) |
| Owner Occupied HU | 8,476 (52.6%) |
| Renter Occupied HU | 2,504 (15.5%) |
| Vacant Housing Units | 5,128 (31.8%) |
| Median Home Value | $647,774 |
| Average Home Value | $764,499 |
Housing Distribution
Address Breakdown
Residential
13,990
Single Family
10,080
Multi-Family
3,910
Businesses
802
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Listed by: Michael Sharman • Sunshine Realty & Vacation Rentals, LLC
Mls Name: St Augustine St Johns County BOR
Mls ID: #254830