650 W Pope Rd UNIT 205Saint 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 650 W Pope Rd UNIT 205, Saint Augustine, FL, 32080 generates $3,269/mo in rent and, after a $1,087/mo payment, leaves $1,355/mo in cash flow. Total monthly income is $3,269/mo, and annual cash flow is $16,264/yr on $73,593 invested. Return on cash invested sits at 42.01% in year one, and rental yield is 17.67% on a $222,000 entry. Equity gained on principal adds $1,433/yr, while 5% annual appreciation builds toward $61,335 over five years. Five-year ROI reaches 224.57% and total cumulative return in cash sums $165,267. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,269/mo property income rather than buyer’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$440 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: Jennifer Sauvage • Coldwell Banker Premier Properties
Mls Name: St Augustine St Johns County BOR
Mls Provider:
Mls ID: #243409
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.