616 Drake Bay Ter, Saint Augustine, FL, 32084 | $602/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Saint Augustine at 616 Drake Bay Ter, Saint Augustine, FL, 32084 at $172,500 posts ROI 32.53% with $602/mo cash flow from $1,746/mo rent. Total monthly income equals $1,746/mo, and annual cash flow records $7,219/yr on $57,184 to close. Return on cash invested measures 32.53% and rental yield reads 12.15% at the current $172,500. Equity gained on principal adds $1,113/yr, and 5% annual appreciation supports $47,659 by year five. Five-year ROI prints 171.16% and total cumulative return in cash totals $97,874.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,746/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Townhouse

Built in 2008

1,742 sqft lot

$N/A/sqft

No HOA