51 OTERO PointSaint 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
Rental property for sale in Saint Augustine at 51 OTERO Point, Saint Augustine, FL, 32095 priced at $488,000 pairs $2,946/mo rent with after a $2,389/mo payment. Total monthly income equals $2,946/mo. Return on cash invested is 17.74% in year one, and rental yield stands at 7.24% on a $488,000 basis. Equity gained on principal adds $3,149/yr, and 5% annual appreciation accumulates to $134,825 by year five. Five-year ROI measures 91.8% and total cumulative return in cash reaches $148,508. For financing, Ziffy Mortgage’s DSCR program evaluates $2,946/mo property income against a $2,389/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
6,969 sqft 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: CHRISTINE MARIE LANDRAU • MARK SPAIN REAL ESTATE
Mls Name: realMLS
Mls ID: #2121367