882 Palermo RdSaint AugustineFL32086
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 882 Palermo Rd, Saint Augustine, FL, 32086 listed at $219,500 pairs $2,070/mo rent with a $1,074/mo payment to leave $581/mo cash flow. Total monthly income runs $2,070/mo, and annual cash flow reaches $6,968/yr on $72,764 cash to close. Return on cash invested measures 29.49% in year one, and rental yield registers 11.32% at a $219,500 basis. Equity gained on principal adds $1,416/yr, and annual property appreciation at 5% supports $60,644 by year five. Five-year ROI tracks 154.97% and total cumulative return in cash totals $112,762. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,070/mo property income relative to a $1,074/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
6,969 sqft lot
$N/A/sqft
$33 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32086, Saint Augustine, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,295 (100%) |
| Owner Occupied HU | 11,913 (73.1%) |
| Renter Occupied HU | 2,942 (18.1%) |
| Vacant Housing Units | 1,440 ( 8.8%) |
| Median Home Value | $463,641 |
| Average Home Value | $526,140 |
Housing Distribution
Address Breakdown
Residential
15,765
Single Family
14,243
Multi-Family
1,522
Businesses
1,131
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dirk Schroeder • Century 21 St Augustine Properties
Mls Name: St Augustine St Johns County BOR
Mls Provider:
Mls ID: #250712
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2025 St Augustine & St. Johns County Board of REALTORS. All rights reserved.