863 W 5th St,Saint Augustine,FL,32084

Investment Highlights

Investment property for sale in Saint Augustine at 863 W 5th St, Saint Augustine, FL, 32084 listed at $309,990 pairs $2,580/mo rent with a $1,517/mo payment to leave $523/mo cash flow. Total monthly income runs $2,580/mo, and annual cash flow reaches $6,277/yr on $102,762 cash to close. Return on cash invested measures 26.02% in year one, and rental yield registers 9.99% at a $309,990 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,645 by year five. Five-year ROI tracks 136.22% and total cumulative return in cash totals $139,984. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,580/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).