48 SAWMILL LANDING 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 48 SAWMILL LANDING Drive, Saint Augustine, FL, 32086 priced at $420,000 converts $2,954/mo rent into $167/mo cash flow after a $2,056/mo obligation. Total monthly income equals $2,954/mo, and annual cash flow totals $1,998/yr on $139,230 invested. Return on cash invested prints 21.34% in year one, and rental yield reads 8.44% against a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,038 by year five. Five-year ROI reaches 111.13% and total cumulative return in cash sums $154,723. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,954/mo property income covering a $2,056/mo payment, not borrower’s personal income.
Single Family
Built in 2019
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: ELAINE SAMAAN • DOGWOOD REALTY FLORIDA
Mls Name: realMLS
Mls ID: #2124284