603 RIO DEL NORTE RoadSaint 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 603 RIO DEL NORTE Road, Saint Augustine, FL, 32095 priced at $1,525,000 converts $6,726/mo rent into after a $7,464/mo obligation. Total monthly income equals $6,726/mo. Return on cash invested prints 12.1% in year one, and rental yield reads 5.29% against a $1,525,000 entry. Equity gained on principal adds $9,841/yr, while 5% annual appreciation compiles into $421,329 by year five. Five-year ROI reaches 61.5% and total cumulative return in cash sums $303,852. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,726/mo property income covering a $7,464/mo payment, not borrower’s personal income.
Single Family
Built in 2018
0.45 Acres lot
$N/A/sqft
$110 annually 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: JENNIFER MARTIN FAULKNER • DOUGLAS ELLIMAN FLORIDA
Mls Name: realMLS
Mls Provider:
Mls ID: #2082380
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.