616 Bowers LnSaint AugustineFL32080
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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 616 Bowers Ln, Saint Augustine, FL, 32080 priced at $285,900 converts $2,783/mo rent into $624/mo cash flow after a $1,399/mo obligation. Total monthly income equals $2,783/mo, and annual cash flow totals $7,489/yr on $94,776 invested. Return on cash invested prints 27.81% in year one, and rental yield reads 11.68% against a $285,900 entry. Equity gained on principal adds $1,845/yr, while 5% annual appreciation compiles into $78,989 by year five. Five-year ROI reaches 147.05% and total cumulative return in cash sums $139,369. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,783/mo property income covering a $1,399/mo payment, not borrower’s personal income.
Townhouse
Built in 1983
871.20 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32080, Saint Augustine, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,108 (100%) |
| Owner Occupied HU | 8,476 (52.6%) |
| Renter Occupied HU | 2,504 (15.5%) |
| Vacant Housing Units | 5,128 (31.8%) |
| Median Home Value | $647,774 |
| Average Home Value | $764,499 |
Housing Distribution
Address Breakdown
Residential
13,990
Single Family
10,080
Multi-Family
3,910
Businesses
802
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Listed by: Wendy Brown • Beaches to River Real Estate
Mls Name: St Augustine St Johns County BOR
Mls Provider:
Mls ID: #250008
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.