744 PALM HAMMOCK CircleSaint AugustineFL32095
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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
Rental property for sale in Saint Augustine at 744 PALM HAMMOCK Circle, Saint Augustine, FL, 32095 priced at $389,900 converts $3,360/mo rent into $773/mo cash flow after a $1,908/mo obligation. Total monthly income equals $3,360/mo, and annual cash flow totals $9,275/yr on $129,252 invested. Return on cash invested prints 27.08% in year one, and rental yield reads 10.34% against a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation compiles into $107,722 by year five. Five-year ROI reaches 141.9% and total cumulative return in cash sums $183,409. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,360/mo property income covering a $1,908/mo payment, not borrower’s personal income.
Single Family
Built in 1998
4,791 sqft 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
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Listed by: JOE BUDETTI • ASSET MONETIZATION PARTNERS
Mls Name: realMLS
Mls ID: #2120368