620 Shores BlvdSaint AugustineFL32086
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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 620 Shores Blvd, Saint Augustine, FL, 32086 priced at $254,900 converts $2,414/mo rent into $67/mo cash flow after a $1,248/mo obligation. Total monthly income equals $2,414/mo, and annual cash flow totals $800/yr on $84,499 invested. Return on cash invested prints 20.86% in year one, and rental yield reads 11.36% against a $254,900 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation compiles into $70,424 by year five. Five-year ROI reaches 111.88% and total cumulative return in cash sums $94,536. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,414/mo property income covering a $1,248/mo payment, not borrower’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$1,719 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32086, Saint Augustine, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,295 (100%) |
| Owner Occupied HU | 11,913 (73.1%) |
| Renter Occupied HU | 2,942 (18.1%) |
| Vacant Housing Units | 1,440 ( 8.8%) |
| Median Home Value | $463,641 |
| Average Home Value | $526,140 |
Housing Distribution
Address Breakdown
Residential
15,765
Single Family
14,243
Multi-Family
1,522
Businesses
1,131
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Listed by: Joan Anstensen • HomeStar Pacetti Realty Network
Mls Name: St Augustine St Johns County BOR
Mls Provider:
Mls ID: #245788
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. 2024 St Augustine & St. Johns County Board of REALTORS. All rights reserved.