ST. GEORGE Plan, Landing at Olde Florida,Saint Augustine,FL,32084

Investment Highlights

Rental property for sale in Saint Augustine at ST. GEORGE Plan, Landing at Olde Florida, Saint Augustine, FL, 32084 offers $2,874/mo rent that, after a $2,540/mo payment. Total monthly income is $2,874/mo. Return on cash invested measures 16.06% in year one, and rental yield stands at 6.65% at a $518,900 entry. Equity gained on principal adds $3,348/yr while 5% annual appreciation compounds into $143,363 by year five. Five-year ROI records 82.75% and total cumulative return in cash reaches $141,278. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,874/mo property income versus a $2,540/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.