550 Florida Club Blvd APT 202Saint 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 550 Florida Club Blvd APT 202, Saint Augustine, FL, 32084 offers a 9.58% rental yield on a $245,000 purchase with $1,956/mo rent. 58% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 98.61% and total cumulative return in cash at $80,088. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,956/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2001
N/A lot
$N/A/sqft
$420 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Oliver Mcleod • STA Realty LLC
Mls Name: St Augustine St Johns County BOR
Mls Provider:
Mls ID: #250308
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. Information is deemed reliable but not guaranteed. 2025 St Augustine & St. Johns County Board of REALTORS. All rights reserved.