CORMORANT II Plan, Landing at Olde Florida,Saint Augustine,FL,32084

Investment Highlights

Investment property for sale in Saint Augustine at CORMORANT II Plan, Landing at Olde Florida, Saint Augustine, FL, 32084 at $590,900 posts ROI 13.6% with from $2,874/mo rent. Total monthly income equals $2,874/mo. Return on cash invested measures 13.6% and rental yield reads 5.84% at the current $590,900. Equity gained on principal adds $3,813/yr, and 5% annual appreciation supports $163,255 by year five. Five-year ROI prints 69.55% and total cumulative return in cash totals $135,203. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,874/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).