700 POPE Road #B16Saint 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 700 POPE Road #B16, Saint Augustine, FL, 32080 earns $589/mo cash flow from $1,770/mo rent with a $871/mo payment. Total monthly income totals $1,770/mo, and annual cash flow totals $7,068/yr on $59,007 capital. ROI tracks 31.89% on current figures, and rental yield reads 11.93% at a $178,000 purchase. Equity gained on principal adds $1,149/yr, and 5% annual appreciation supports $49,178 over five years. Five-year ROI reaches 167.64% and total cumulative return in cash sums $98,917. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,770/mo property income instead of your personal income.
Condo
Built in 1984
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: JIM ZELLER • KELLER WILLIAMS REALTY ATLANTIC PARTNERS
Mls Name: realMLS
Mls ID: #2064685