500 N HORSESHOE RoadSaint AugustineFL32084
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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 500 N HORSESHOE Road, Saint Augustine, FL, 32084 with 5% annual appreciation on a $230,000 basis while $1,577/mo rent supports operations. Total monthly income totals $1,577/mo and a $1,126/mo payment preserves $50/mo for cash returns. Annual cash flow comes to $605/yr on $76,245 deployed, and return on cash invested reaches 20.7% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,545 alongside rental yield of 8.23%. Five-year ROI measures 107.71% and total cumulative return in cash totals $82,123.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,577/mo property income versus a $1,126/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1973
0.72 Acres lot
$N/A/sqft
No HOA
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Listed by: HEATHER STRAZINSKY • MOMENTUM REALTY
Mls Name: realMLS
Mls ID: #2109504