757 CHERRY ELM DR DriveSaint AugustineFL32092
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 757 CHERRY ELM DR Drive, Saint Augustine, FL, 32092 at $349,000 posts ROI 22.33% with $233/mo cash flow from $2,549/mo rent. Total monthly income equals $2,549/mo, and annual cash flow records $2,798/yr on $115,694 to close. Return on cash invested measures 22.33% and rental yield reads 8.76% at the current $349,000. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 by year five. Five-year ROI prints 116.43% and total cumulative return in cash totals $134,700.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,549/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32092, Saint Augustine, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,237 (100%) |
| Owner Occupied HU | 19,388 (80.0%) |
| Renter Occupied HU | 2,898 (12.0%) |
| Vacant Housing Units | 1,951 ( 8.0%) |
| Median Home Value | $551,045 |
| Average Home Value | $590,393 |
Housing Distribution
Address Breakdown
Residential
21,437
Single Family
19,179
Multi-Family
2,258
Businesses
544
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Listed by: SATISHKUMAR MOGILI • SIMP REALTY GROUP LLC
Mls Name: realMLS
Mls ID: #2124663