For real estate investors, understanding cash on cash return (COC) is crucial to maximizing profits and making informed investment decisions. In the vibrant market of Saint Augustine, the potential for lucrative returns is evident, with single-family homes offering impressive COC rates. For instance, one property boasts a remarkable 60.7% COC with a purchase price of $130,000, generating a cash flow of $1,315 monthly. Another single-family investment shows a solid 22.6% COC, priced at $259,900, with a monthly cash flow of $978. Additionally, a manufactured home presents a 29.0% COC at $199,000, yielding $961 in cash flow. This article will delve into these standout deals in Saint Augustine, highlighting their attractive data characteristics and how they can guide investors in identifying profitable opportunities.
Why does this matter? By focusing on key metrics such as cash flow, cap rate, and cash on cash return, investors can make strategic decisions that align with their financial goals. With the right data at your fingertips, navigating the real estate landscape in Saint Augustine can lead to significant rewards.
Did you know that Saint Augustine is the oldest continuously inhabited European-established settlement in the continental United States? This rich history not only adds to the city's charm but also enhances its appeal as a prime location for real estate investment.
| View Property | Location | Type | Cash on Cash | Price | Rent | Total Payment | NOI | Cap Rate | Cash Flow | GRM | DSCR | P&I | Tax | HOA Fees | Insurance |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sign up for a free account to view this property's address and details. | Saint Augustine, FL | Single Family | 60.7% | $130,000 | $2,072 | $757 | $2,033 | 18.8% | $1,315 | 5.2 | 3.2 | $643 | $75 | $0 | $39 |
| Sign up for a free account to view this property's address and details. | Saint Augustine, FL | Manufactured | 29.0% | $199,000 | $2,122 | $1,161 | $2,062 | 12.4% | $961 | 7.8 | 2.1 | $987 | $114 | $0 | $60 |
| Sign up for a free account to view this property's address and details. | Saint Augustine, FL | Single Family | 22.6% | $259,900 | $2,594 | $1,616 | $2,507 | 11.6% | $978 | 8.3 | 1.8 | $1,367 | $162 | $0 | $87 |
| Sign up for a free account to view this property's address and details. | Saint Augustine, FL | Single Family | 15.8% | $215,000 | $1,821 | $1,256 | $1,756 | 9.8% | $565 | 9.8 | 1.6 | $1,067 | $124 | $0 | $65 |
| 255 OLD VILLAGE CENTER Circle UNIT 9307, St Augustine, FL 32084 | Saint Augustine, FL | Condo | 7.9% | $190,000 | $1,765 | $1,516 | $1,298 | 8.2% | $249 | 9.0 | 1.4 | $940 | $109 | $410 | $57 |
| 4621 THIRD Avenue, St Augustine, FL 32095 | Saint Augustine, FL | Single Family | 7.7% | $269,900 | $1,919 | $1,571 | $1,838 | 8.2% | $348 | 11.7 | 1.4 | $1,335 | $155 | $0 | $81 |
| 345 ABBEY Avenue, St Augustine, FL 32084 | Saint Augustine, FL | Single Family | 6.7% | $279,900 | $1,944 | $1,630 | $1,860 | 8.0% | $314 | 12.0 | 1.3 | $1,385 | $161 | $0 | $84 |
| 1422 SAN JULINE Circle, St Augustine, FL 32084 | Saint Augustine, FL | Single Family | 4.7% | $329,900 | $2,310 | $2,051 | $2,200 | 8.0% | $259 | 11.9 | 1.3 | $1,735 | $206 | $0 | $110 |
| 4805 DEVONSHIRE Drive, St Augustine, FL 32086 | Saint Augustine, FL | Single Family | 3.4% | $344,900 | $2,319 | $2,121 | $2,204 | 7.7% | $198 | 12.4 | 1.2 | $1,790 | $216 | $0 | $115 |
| 75 HELEN Street, St Augustine, FL 32084 | Saint Augustine, FL | Single Family | 1.3% | $359,000 | $2,166 | $2,090 | $2,058 | 6.9% | $76 | 13.8 | 1.2 | $1,776 | $206 | $0 | $108 |
| 3 Geberts Way, Saint Augustine, FL 32080 | Saint Augustine, FL | Single Family | 0.7% | $875,000 | $5,129 | $5,022 | $4,866 | 6.7% | $107 | 14.2 | 1.1 | $4,256 | $503 | $0 | $263 |
| 135 SAWMILL LANDING Drive, St Augustine, FL 32086 | Saint Augustine, FL | Single Family | 0.3% | $315,000 | $2,030 | $2,012 | $1,871 | 7.1% | $18 | 12.9 | 1.1 | $1,656 | $197 | $54 | $105 |
| 201 YACHT CLUB Drive UNIT 29, St Augustine, FL 32084 | Saint Augustine, FL | Condo | -0.1% | $129,000 | $1,527 | $1,529 | $710 | 6.6% | -$2 | 7.0 | 1.1 | $638 | $74 | $778 | $39 |
| 3516 Kings Rd S, Saint Augustine, FL 32086 | Saint Augustine, FL | Single Family | -0.1% | $599,900 | $3,522 | $3,533 | $3,252 | 6.5% | -$11 | 14.2 | 1.1 | $2,918 | $345 | $90 | $180 |
| 343 CASUARINA Circle, St Augustine, FL 32086 | Saint Augustine, FL | Single Family | -0.1% | $348,900 | $2,017 | $2,025 | $1,912 | 6.6% | -$8 | 14.4 | 1.1 | $1,719 | $201 | $0 | $105 |
| 507 Gentian Rd, Saint Augustine, FL 32086 | Saint Augustine, FL | Single Family | -0.1% | $385,000 | $2,232 | $2,241 | $2,116 | 6.6% | -$9 | 14.4 | 1.1 | $1,904 | $221 | $0 | $116 |
| 5 SEMINOLE Drive, St Augustine, FL 32084 | Saint Augustine, FL | Single Family | -6.3% | $664,900 | $3,351 | $4,046 | $3,129 | 5.6% | -$695 | 16.5 | 0.9 | $3,408 | $416 | $0 | $222 |
| 849 GERONA Road, St Augustine, FL 32086 | Saint Augustine, FL | Single Family | -7.8% | $559,000 | $2,531 | $3,254 | $2,363 | 5.1% | -$723 | 18.4 | 0.9 | $2,765 | $321 | $0 | $168 |
| 112 LONG BRANCH Way, St Augustine, FL 32086 | Saint Augustine, FL | Single Family | -8.8% | $699,000 | $3,165 | $4,195 | $2,772 | 4.8% | -$1,030 | 18.4 | 0.8 | $3,400 | $402 | $183 | $210 |
| 110 OCEAN HOLLOW Lane UNIT 114, St Augustine, FL 32084 | Saint Augustine, FL | Condo | -10.6% | $360,000 | $2,450 | $3,086 | $1,352 | 4.5% | -$636 | 12.2 | 0.8 | $1,781 | $207 | $990 | $108 |
| 6825 A Avenue, St Augustine, FL 32080 | Saint Augustine, FL | Single Family | -13.5% | $1,195,000 | $4,271 | $6,951 | $3,912 | 3.9% | -$2,680 | 23.3 | 0.7 | $5,905 | $687 | $0 | $359 |
| 257 DONDANVILLE Road, St Augustine, FL 32080 | Saint Augustine, FL | Single Family | -15.2% | $975,000 | $3,209 | $5,672 | $2,916 | 3.6% | -$2,463 | 25.3 | 0.6 | $4,818 | $561 | $0 | $293 |
Cash on Cash Return: 60.7%
Price: $130,000
Rent: $2,072
Total Payment: $757
Cap Rate: 18.8%
Cash Flow: $1,315
GRM: 5.2
DSCR: 3.2
Last Updated: 01/01/1900
First Seen: 11/30/2024
This charming single-family home on USINA Street offers an impressive cash on cash return of 60.7%. With a purchase price of $130,000 and a rental income of $2,072, this property generates a strong cash flow of $1,315 monthly. The high cap rate of 18.8% indicates excellent profitability, making it a standout investment opportunity in Saint Augustine.
Cash on Cash Return: 29.0%
Price: $199,000
Rent: $2,122
Total Payment: $1,161
Cap Rate: 12.4%
Cash Flow: $961
GRM: 7.8
DSCR: 2.1
Last Updated: 01/01/1900
First Seen: 11/30/2024
This manufactured home on Wildwood Drive presents a solid investment with a cash on cash return of 29.0%. Priced at $199,000, it offers a rental income of $2,122, resulting in a cash flow of $961. The cap rate of 12.4% further emphasizes its potential as a profitable rental property.
Cash on Cash Return: 22.6%
Price: $259,900
Rent: $2,594
Total Payment: $1,616
Cap Rate: 11.6%
Cash Flow: $978
GRM: 8.3
DSCR: 1.8
Last Updated: 01/01/1900
First Seen: 11/30/2024
This single-family home on CHAPIN Street is another excellent option for investors, featuring a cash on cash return of 22.6%. With a price tag of $259,900 and a rental income of $2,594, it generates a cash flow of $978. The cap rate of 11.6% makes it a competitive choice in the Saint Augustine market.
Cash on cash return and cap rate are critical metrics for real estate investors. A high cash on cash return indicates that the property generates significant income relative to the investment made, while a strong cap rate reflects the property's ability to produce income compared to its value. These metrics suggest that the listed properties in Saint Augustine are not only profitable but also present a lower risk for investors.
The Gross Rent Multiplier (GRM) and Debt Service Coverage Ratio (DSCR) are essential tools for evaluating real estate investments. GRM helps investors understand how long it will take to recoup their investment through rental income, while DSCR measures the property's ability to cover its debt obligations. For instance, the GRM of 5.2 for the USINA Street property indicates a quick return on investment, while a DSCR of 3.2 suggests a strong ability to meet debt payments.
To increase rental income, consider property upgrades, adjusting rents to market rates, or targeting specific renter demographics. Additionally, minimizing operating costs through effective management of HOA fees, taxes, and insurance can significantly enhance cash flow. For example, if the USINA Street property reduces its total payment by $100 through cost-saving measures, the cash flow would increase to $1,415, further improving its investment appeal.
Investing in condos versus single-family homes each has its pros and cons. Condos may offer lower maintenance costs and higher cash flow potential, while single-family homes often appreciate more over time. The properties listed demonstrate that both types can yield strong returns, making them viable options for investors in Saint Augustine.
With a variety of high-return properties available, Saint Augustine stands out as an excellent choice for real estate investors. The properties highlighted offer impressive cash flow, strong cap rates, and favorable GRM and DSCR metrics. Don't miss out on these lucrative investment opportunities—contact us today for more information or to sign up for real-time updates on high-return properties in Saint Augustine!
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