979 RUSTIC MILL DriveSaint AugustineFL32092
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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
Rental property for sale in Saint Augustine at 979 RUSTIC MILL Drive, Saint Augustine, FL, 32092 generates $3,143/mo in rent and, after a $1,757/mo payment, leaves $761/mo in cash flow. Total monthly income is $3,143/mo, and annual cash flow is $9,129/yr on $119,009 invested. Return on cash invested sits at 27.58% in year one, and rental yield is 10.51% on a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 144.57% and total cumulative return in cash sums $172,051. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,143/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32092, Saint Augustine, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,237 (100%) |
| Owner Occupied HU | 19,388 (80.0%) |
| Renter Occupied HU | 2,898 (12.0%) |
| Vacant Housing Units | 1,951 ( 8.0%) |
| Median Home Value | $551,045 |
| Average Home Value | $590,393 |
Housing Distribution
Address Breakdown
Residential
21,437
Single Family
19,179
Multi-Family
2,258
Businesses
544
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Listed by: CAROLINE KAPKE • REALTY ONE GROUP ELEVATE
Mls Name: realMLS
Mls ID: #2126382