83 Comares Ave APT 7ASaint 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 83 Comares Ave APT 7A, Saint Augustine, FL, 32080 listed at $400,000 pairs $2,337/mo rent with a $1,958/mo payment. Total monthly income runs $2,337/mo. Return on cash invested measures 17.03% in year one, and rental yield registers 7.01% at a $400,000 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,513 by year five. Five-year ROI tracks 88.03% and total cumulative return in cash totals $116,728. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,337/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1965
N/A lot
$N/A/sqft
No 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: Danielle Fraser • Berkshire Hathaway Homeservices Florida Network Realty
Mls Name: St Augustine St Johns County BOR
Mls ID: #256740