852 Ocean Palm WaySaint AugustineFL32080
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 852 Ocean Palm Way, Saint Augustine, FL, 32080 at $1,340,000 posts ROI 22.3% with $699/mo cash flow from $9,956/mo rent. Total monthly income equals $9,956/mo, and annual cash flow records $8,390/yr on $434,160 to close. Return on cash invested measures 22.3% and rental yield reads 8.92% at the current $1,340,000. Equity gained on principal adds $8,647/yr, and 5% annual appreciation supports $370,217 by year five. Five-year ROI prints 116.55% and total cumulative return in cash totals $506,002.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $9,956/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
N/A lot
$N/A/sqft
$364 monthly 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: Kimberly Johnston • Saba Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11015409
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.