701 Market St UNIT 301Saint AugustineFL32095
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
Investment property for sale in Saint Augustine at 701 Market St UNIT 301, Saint Augustine, FL, 32095 uses $77,903 cash to close to unlock $4,545/yr annual cash flow and $379/mo monthly cash flow. Total monthly income runs $1,938/mo, and a $1,150/mo payment keeps the spread at $379/mo. Purchase price stands at $235,000, and rental yield measures 9.9% with $1,938/mo rent. Return on cash invested shows 25.74% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 134.73% and total cumulative return in cash records $104,956. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,938/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32095, Saint Augustine, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,370 (100%) |
| Owner Occupied HU | 7,845 (69.0%) |
| Renter Occupied HU | 1,719 (15.1%) |
| Vacant Housing Units | 1,806 (15.9%) |
| Median Home Value | $547,345 |
| Average Home Value | $705,162 |
Housing Distribution
Address Breakdown
Residential
9,328
Single Family
9,172
Multi-Family
156
Businesses
479
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DJ Della Sala • DJ & Lindsey Real Estate
Mls Name: St Augustine St Johns County BOR
Mls ID: #254354