700 W POPE Road UNIT G-55Saint 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 UNIT G-55, Saint Augustine, FL, 32080 uses $65,637 cash to close to unlock $4,862/yr annual cash flow and $405/mo monthly cash flow. Total monthly income runs $2,029/mo, and a $969/mo payment keeps the spread at $405/mo. Purchase price stands at $198,000, and rental yield measures 12.3% with $2,029/mo rent. Return on cash invested shows 27.32% in year one, and 5% annual appreciation builds toward $54,704 over five years. Five-year ROI reaches 145.28% and total cumulative return in cash records $95,356. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,029/mo property income covering a $969/mo payment rather than investor’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$310 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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Listed by: BOB W LINDSEY • LIGHTHOUSE REALTY ASSOCIATES
Mls Name: realMLS
Mls Provider:
Mls ID: #1258320
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.