52 MELLOWOOD Lane UNIT 116Saint AugustineFL32092
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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 52 MELLOWOOD Lane UNIT 116, Saint Augustine, FL, 32092 generates $2,836/mo in rent and, after a $1,875/mo payment, leaves $49/mo in cash flow. Total monthly income is $2,836/mo, and annual cash flow is $588/yr on $126,961 invested. Return on cash invested sits at 20.37% in year one, and rental yield is 8.89% on a $382,990 entry. Equity gained on principal adds $2,471/yr, while 5% annual appreciation builds toward $105,813 over five years. Five-year ROI reaches 106.73% and total cumulative return in cash sums $135,507. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,836/mo property income rather than buyer’s personal income.
Townhouse
Built in 2024
3,484 sqft lot
$N/A/sqft
$245 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32092, Saint Augustine, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,237 (100%) |
| Owner Occupied HU | 19,388 (80.0%) |
| Renter Occupied HU | 2,898 (12.0%) |
| Vacant Housing Units | 1,951 ( 8.0%) |
| Median Home Value | $551,045 |
| Average Home Value | $590,393 |
Housing Distribution
Address Breakdown
Residential
21,437
Single Family
19,179
Multi-Family
2,258
Businesses
544
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Listed by: NANCY PRUITT • OLYMPUS EXECUTIVE REALTY, INC
Mls Name: realMLS
Mls Provider:
Mls ID: #2057170
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by realMLS.