4 Ocean Trace Rd UNIT 323Saint 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
Rental property for sale in Saint Augustine at 4 Ocean Trace Rd UNIT 323, Saint Augustine, FL, 32080 priced at $525,000 pairs $2,727/mo rent with after a $2,570/mo payment. Total monthly income equals $2,727/mo. Return on cash invested is 14.8% in year one, and rental yield stands at 6.23% on a $525,000 basis. Equity gained on principal adds $3,388/yr, and 5% annual appreciation accumulates to $145,048 by year five. Five-year ROI measures 75.99% and total cumulative return in cash reaches $131,253. For financing, Ziffy Mortgage’s DSCR program evaluates $2,727/mo property income against a $2,570/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1975
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: Irena Logan • Engel & Volkers St Augustine
Mls Name: St Augustine St Johns County BOR
Mls ID: #260008