650 W POPE Road UNIT 242Saint AugustineFL32080
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Road UNIT 242, Saint Augustine, FL, 32080 offers $2,885/mo rent that, after a $905/mo payment, leaves $1,218/mo cash flow. Total monthly income is $2,885/mo, and annual cash flow is $14,616/yr on $61,294 cash. Return on cash invested measures 43.75% in year one, and rental yield stands at 18.72% at a $184,900 entry. Equity gained on principal adds $1,193/yr while 5% annual appreciation compounds into $51,084 by year five. Five-year ROI records 234.41% and total cumulative return in cash reaches $143,683. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,885/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MESHELL PERRY • DOGWOOD REALTY LLC
Mls Name: realMLS
Mls Provider:
Mls ID: #2024386
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. Data is deemed reliable but is not guaranteed accurate by realMLS.