700 W POPE Road #E39Saint 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 W POPE Road #E39, Saint Augustine, FL, 32080 offers a 11.53% rental yield on a $189,000 purchase with $1,816/mo rent. Total monthly income registers $1,816/mo, and a $925/mo payment leaves $562/mo available for distribution. Annual cash flow reaches $6,742/yr on $62,654 to close, and return on cash invested stands at 30.67% in year one. Equity gained on principal adds $1,220/yr while 5% annual appreciation supports $52,217 over five years. Portfolio math shows five-year ROI at 161.13% and total cumulative return in cash at $100,954. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,816/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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: JAMES H DIAMOND • UNITED REAL ESTATE GALLERY
Mls Name: realMLS
Mls ID: #2111445