79 Old Bull Bay Ct,Saint Augustine,FL,32084

Investment Highlights

Investment property for sale in Saint Augustine at 79 Old Bull Bay Ct, Saint Augustine, FL, 32084 listed at $428,480 pairs $2,874/mo rent with a $2,097/mo payment to leave $31/mo cash flow. Total monthly income runs $2,874/mo, and annual cash flow reaches $369/yr on $142,041 cash to close. Return on cash invested measures 20.17% in year one, and rental yield registers 8.05% at a $428,480 basis. Equity gained on principal adds $2,765/yr, and annual property appreciation at 5% supports $118,381 by year five. Five-year ROI tracks 104.82% and total cumulative return in cash totals $148,889. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,874/mo property income relative to a $2,097/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).