650 W Pope Rd UNIT 208Saint 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
Investment property for sale in Saint Augustine at 650 W Pope Rd UNIT 208, Saint Augustine, FL, 32080 offers a 13.55% rental yield on a $196,500 purchase with $2,219/mo rent. Total monthly income registers $2,219/mo, and a $962/mo payment leaves $644/mo available for distribution. Annual cash flow reaches $7,733/yr on $65,140 to close, and return on cash invested stands at 31.78% in year one. Equity gained on principal adds $1,268/yr while 5% annual appreciation supports $54,289 over five years. Portfolio math shows five-year ROI at 168.93% and total cumulative return in cash at $110,041. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,219/mo property income against a $962/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1985
N/A lot
$N/A/sqft
$245 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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