494 Cordova Palms PkwySaint AugustineFL32095
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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 494 Cordova Palms Pkwy, Saint Augustine, FL, 32095 uses $130,608 cash to close to unlock $8,950/yr annual cash flow and $746/mo monthly cash flow. Total monthly income runs $3,360/mo, and a $1,928/mo payment keeps the spread at $746/mo. Purchase price stands at $393,990, and rental yield measures 10.23% with $3,360/mo rent. Return on cash invested shows 26.76% in year one, and 5% annual appreciation builds toward $108,852 over five years. Five-year ROI reaches 140.17% and total cumulative return in cash records $183,073. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,360/mo property income covering a $1,928/mo payment rather than investor’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32095, Saint Augustine, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,370 (100%) |
| Owner Occupied HU | 7,845 (69.0%) |
| Renter Occupied HU | 1,719 (15.1%) |
| Vacant Housing Units | 1,806 (15.9%) |
| Median Home Value | $547,345 |
| Average Home Value | $705,162 |
Housing Distribution
Address Breakdown
Residential
9,328
Single Family
9,172
Multi-Family
156
Businesses
479
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Listed by: N/A • Dream Finders Homes
Mls Name: Dream Finders Homes
Mls Provider:
Mls ID: #N/A