650 W POPE Road #252Saint 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 Road #252, Saint Augustine, FL, 32080 uses $74,223 cash to close to unlock $1,380/yr annual cash flow and $115/mo monthly cash flow. Total monthly income runs $1,601/mo, and a $1,096/mo payment keeps the spread at $115/mo. Purchase price stands at $223,900, and rental yield measures 8.58% with $1,601/mo rent. Return on cash invested shows 21.77% in year one, and 5% annual appreciation builds toward $61,859 over five years. Five-year ROI reaches 113.46% and total cumulative return in cash records $84,216. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,601/mo property income covering a $1,096/mo payment rather than investor’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
No 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: DARLENE TAYLOR • AWESOME REAL ESTATE, INC.
Mls Name: realMLS
Mls ID: #2106569