482 Ravenswood Dr · St. Augustine, FL 32084

$239,000

2 bd · 2.0 ba · 960 sqft · Manufactured public records · 1 Days on market

Built 1986 0.25 ac lot $249/sqft · 90% above area

---

Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +13.0/30.0
• ARV discount +7.5/15.0
• Schools +6.4/10.0
• DSCR +3.9/10.0
• 1% rule +3.2/10.0
• Rent growth +2.6/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Fantastic opportunity in St Augustine, completely renovated inside and out, 3-bedroom, 2 bath mobile home with extra-large 2 car garage on . 25 Acre lot. Major updates to home include new roof, new exterior walls, new windows, new vinyl siding, both bathrooms redone, new kitchen cabinets, granite counter tops, new appliances, all new, interior electric wiring, insulation, drywall, textured walls, doors, trim, paint, new subfloor and vinyl plank flooring throughout. Septic system has just been serviced, pumped out, new alarm and sump pump installed. Mobile home has been retrofitted with all new tie downs, bracing, insulation and skirting. No HOA, minutes to downtown St Augustine, shopping and beaches. Call today.

Key facts

• Metal roof
• Updated bathrooms
• Granite countertops

Tags

• OVERSIZED DETACHED GARAGE
• LUXURY VINYL PLANK FLOORING
• GRANITE COUNTERTOPS
• UPDATED BATHROOMS
• METAL ROOF
• NEW FOUNDATION CURTAIN WALL

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $239k.

Deal economics

• At list price, monthly cash flow is $-14 ($-162/yr) — negative.
• To cash-flow at today's rent, offer at most $237k (1.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $197k (17.7% below list).
• Recommended offer: $197k (17.7% below list) — sets the bar for 1% rule.
• Cap rate 6.2% vs local median 3.1% in St. Augustine — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• St. Johns (rural): math 75% / reading 73% proficiency, ranked #2 of 73 in FL (top 3%) — strong family-tenant draw, lease renewals of 3-5y typical; only 20% free/reduced lunch — higher-income household profile.
• Zoned schools: Crookshank Elementary School (math 64% / reading 62%, grade B, #582 of 2,144 statewide, top 28%, 704 students, 64% FRL); Sebastian Middle School (math 59% / reading 59%, grade B, #144 of 571 statewide, top 26%, 654 students, 42% FRL); St. Augustine High School (math 54% / reading 62%, grade C, #120 of 667 statewide, top 18%, 1,784 students, 38% FRL) — zoned schools average 48% FRL vs 20% district-wide (28 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 60% at this address vs 74% district-wide (-14 pts) — the specific schools serving this property underperform the St. Johns average; the district grade overstates school quality for this exact location.
• Market conditions: Rents flat; 636 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 5,575 units permitted in St. Johns County in 2024 (584 in 5+ unit buildings).
• This rent runs 32% of the median local income ($74k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• St. Johns County population projected at +60% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $196,753 (17.7% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.82% ✗
• Cap rate: 6.22%
• Cash-on-cash: -0.24%
• DSCR: 0.99
• GRM: 10.1

CMA / ARV

• ARV (median comp): $125,751
• List price: $239,000
• Delta: 110.73%
• Verdict: OVERPRICED
• Comps: 4 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
496 Ravenswood Dr	0.06mi	3/2.0 (+1)	1,035 (+8%)	3mo	$135,000	$130	77
829 Oakes Ave	0.58mi	3/1.5 (+1)	924 (-4%)	6mo	$95,000	$103	55
829 Francis St	0.62mi	3/2.0 (+1)	1,064 (+11%)	6mo	$117,500	$110	43

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.25% rent growth · sell at horizon

5-year hold

• IRR: -19.7%
• Equity multiple: 0.33×
• Total profit: $-44,911
• Equity at exit: $35,636

10-year hold

• IRR: -19.3%
• Equity multiple: 0.09×
• Total profit: $-60,884
• Equity at exit: $20,664

Cash invested: $66,920 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32084

• Rents YoY: 0.2%
• Active inventory: 636
• Price-to-rent: 10.1×

Monthly cashflow live

• Estimated rent: $1,968 high
• Mortgage (P&I): −$1,253
• Tax from tax record: −$215 /mo · $2,579/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$413
• Net cashflow: $-14

Break-even live

Break-even rent $1,985

Max offer price $236,609

Occupancy floor 96%

Sensitivity live

Price	-10% $122	-5% $54	+0% $-14	+5% $-81	+10% $-149
Rent	-10% $-169	-5% $-91	+0% $-14	+5% $64	+10% $142
Rate	-1.0pp $107	-0.5pp $47	base $-14	+0.5pp $-75	+1.0pp $-138

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $59,750
• Closing costs: $7,170
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
289 W Jayce Way Saint Augustine, FL	3.0	2.0	1102	$1,851	$1.68	16d	1	0.14mi
177 Palmer St Unit B St. Augustine, FL	2.0	1.0	900	$1,350	$1.50	25d	1	0.66mi
1000 Josiah St Unit 1281953P St. Augustine, FL	3.0	2.0	1097	$3,526	$3.21	14d	1	0.70mi
1004 Josiah St Unit 1281918P St. Augustine, FL	3.0	2.0	1097	$3,893	$3.55	16d	1	0.70mi
540 Florida Club Blvd #306 Saint Augustine, FL	1.0	1.0	832	$1,480	$1.78	25d	1	0.71mi
228 Nesmith Ave Saint Augustine, FL	2.0	2.0	1080	$2,500	$2.31	16d	1	0.73mi
60 Masters Dr Unit C St. Augustine, FL	2.0	1.5	900	$1,300	$1.44	25d	1	0.75mi
56 Masters Dr Unit D St. Augustine, FL	2.0	1.5	900	$1,300	$1.44	25d	1	0.76mi
560 Florida Club Blvd Saint Augustine, FL	1.0	1.0	832	$1,475	$1.77	5d	1	0.78mi
2855 Lewis Speedway Saint Augustine, FL	1.0	1.0	928	$1,350	$1.45	5d	1	1.00mi
736 W King St Unit A St. Augustine, FL	2.0	1.0	688	$1,750	$2.54	19d	1	1.05mi
20 Rollins Ave Saint Augustine, FL	3.0	1.0	828	$1,500	$1.81	25d	1	1.30mi
15 Grant St Saint Augustine, FL	2.0	2.0	1092	$1,999	$1.83	25d	1	1.31mi
32 Grant St Saint Augustine, FL	2.0	1.0	1064	$1,775	$1.67	5d	1	1.31mi
2897 N 10th St Saint Augustine, FL	3.0	2.0	1046	$2,100	$2.01	25d	1	1.31mi
14 Sanchez Ave Apt A St. Augustine, FL	2.0	1.0	915	$2,000	$2.19	25d	1	1.32mi
27 Old Mission Ave Unit 1281956P St. Augustine, FL	1.0	1.0	592	$3,131	$5.29	3d	1	1.34mi
1040 W 7th St Saint Augustine, FL	2.0	2.0	1108	$2,195	$1.98	3d	1	1.38mi
15 Old Mission Ave Unit 1281979P St. Augustine, FL	2.0	2.0	1097	$3,563	$3.25	9d	1	1.40mi
116 San Marco Ave Unit 1281934P St. Augustine, FL	1.0–2.0	1.0	920	$4,325	$4.70	9d	2	1.44mi
7 Park Ave Saint Augustine, FL	2.0	1.0	811	$2,395	$2.95	25d	1	1.47mi

Listing history 17 events

1. 2026-06-22
   pricedays on marketlisting id $239,000 Active 1 DOM
2. 2026-06-08
   days on market $265,000 Active 40 DOM
3. 2026-06-07
   days on market $265,000 Active 39 DOM
4. 2026-06-03
   days on market $265,000 Active 35 DOM
5. 2026-06-02
   days on market $265,000 Active 34 DOM
6. 2026-06-01
   days on market $265,000 Active 33 DOM
7. 2026-05-31
   days on market $265,000 Active 32 DOM
8. 2026-04-29
   listed $265,000 Active 971-char remark
9. 2022-06-30
   soldstatus $240,000 Closed 721-char remark

   Show marketing remark (721 chars)

   Fantastic opportunity in St Augustine, completely renovated inside and out, 3-bedroom, 2 bath mobile home with extra-large 2 car garage on . 25 Acre lot. Major updates to home include new roof, new exterior walls, new windows, new vinyl siding, both bathrooms redone, new kitchen cabinets, granite counter tops, new appliances, all new, interior electric wiring, insulation, drywall, textured walls, doors, trim, paint, new subfloor and vinyl plank flooring throughout. Septic system has just been serviced, pumped out, new alarm and sump pump installed. Mobile home has been retrofitted with all new tie downs, bracing, insulation and skirting. No HOA, minutes to downtown St Augustine, shopping and beaches. Call today.

10. 2022-06-28
    soldstatus $240,000
11. 2022-05-07
    historical Contingent 721-char remark

    Show marketing remark (721 chars)

    Fantastic opportunity in St Augustine, completely renovated inside and out, 3-bedroom, 2 bath mobile home with extra-large 2 car garage on . 25 Acre lot. Major updates to home include new roof, new exterior walls, new windows, new vinyl siding, both bathrooms redone, new kitchen cabinets, granite counter tops, new appliances, all new, interior electric wiring, insulation, drywall, textured walls, doors, trim, paint, new subfloor and vinyl plank flooring throughout. Septic system has just been serviced, pumped out, new alarm and sump pump installed. Mobile home has been retrofitted with all new tie downs, bracing, insulation and skirting. No HOA, minutes to downtown St Augustine, shopping and beaches. Call today.

12. 2022-04-25
    price $259,900 721-char remark

    Show marketing remark (721 chars)

    Fantastic opportunity in St Augustine, completely renovated inside and out, 3-bedroom, 2 bath mobile home with extra-large 2 car garage on . 25 Acre lot. Major updates to home include new roof, new exterior walls, new windows, new vinyl siding, both bathrooms redone, new kitchen cabinets, granite counter tops, new appliances, all new, interior electric wiring, insulation, drywall, textured walls, doors, trim, paint, new subfloor and vinyl plank flooring throughout. Septic system has just been serviced, pumped out, new alarm and sump pump installed. Mobile home has been retrofitted with all new tie downs, bracing, insulation and skirting. No HOA, minutes to downtown St Augustine, shopping and beaches. Call today.

13. 2022-03-30
    listed $269,900 Active 721-char remark

    Show marketing remark (721 chars)

    Fantastic opportunity in St Augustine, completely renovated inside and out, 3-bedroom, 2 bath mobile home with extra-large 2 car garage on . 25 Acre lot. Major updates to home include new roof, new exterior walls, new windows, new vinyl siding, both bathrooms redone, new kitchen cabinets, granite counter tops, new appliances, all new, interior electric wiring, insulation, drywall, textured walls, doors, trim, paint, new subfloor and vinyl plank flooring throughout. Septic system has just been serviced, pumped out, new alarm and sump pump installed. Mobile home has been retrofitted with all new tie downs, bracing, insulation and skirting. No HOA, minutes to downtown St Augustine, shopping and beaches. Call today.

14. 1994-09-26
    soldstatus $26,500
15. 1994-01-25
    soldstatus $30,700
16. 1992-01-29
    soldstatus $36,300
17. 1991-07-11
    soldstatus $10,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $2,579 · $215/mo
• Projected year-2 tax: $2,579 · $215/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,610
• − Mortgage interest: −$13,388
• − Property taxes: −$2,579
• − Insurance: −$1,195
• − Repairs & maintenance: −$1,889
• − Management: −$1,889
• − Depreciation: −$6,953
• Taxable loss: −$4,282
• Est. tax savings @ 24.0%: +$1,028
• After-tax cash flow: $865/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: St. Johns
• NCES district ID: 1201740
• Math proficiency: 75% ▼ -5.00%
• Reading proficiency: 73% ▼ -2.00%
• Median HH income: $66,842
• Composite: 64.31/100
• National rank: #556
• State rank: #2 of 73 in FL

Livability — St. Augustine

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• County: Saint Johns County · 301,599 people
• Metro: Jacksonville, FL
• Population (ZIP): 37,291
• Household income: $73,837
• Rent vs Own: 33.2% rent · 66.8% own
• Severe rent burden: 1748.0

Population outlook (St. Johns County) Hauer SSP2

• Today (2025): 303,941 people
• By 2030: 342,590 · +12.7%
• By 2040: 417,328 · +37.3%
• By 2050: 487,011 · +60.2%
• By 2075: 635,395 · +109.1%
• By 2100: 717,469 · +136.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (73%)
• Race & ethnicity: White 73% Hispanic / Latino 12% Black 11% Two or more races 8%
• Hispanic origin (detail): Mexican 2% Puerto Rican 4% Cuban 1%
• Common ancestry: Lithuanian 3% Romanian 2% Slovak 2%
• Foreign-born: 6% · Canada, Jamaica
• Languages at home: 91% English-only · Spanish 6% Other Indo-European 1%

Political lean MEDSL · St. Johns

• 2024 margin: Solid R (+31.4) · D 33.9% · R 65.2%
• 2008→2024 swing: +0.2pp no change · 2008: -31.6pp · 2024: -31.4pp
• All cycles: 2024: R+31.4 2020: R+26.7 2016: R+33.4 2012: R+37.8 2008: R+31.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -287.02%
• Current HPI: 330.9505
• Rent YoY: ▲ 0.25%
• Metro: Jacksonville, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+2300.0% since first listed

9 events — show timeline

• 2022-06-30 Sold (MLS) $240,000 St. Augustine and St. Johns County Board of REALTORS®
• 2022-06-28 Sold (Public Records) $240,000 Public Records
• 2022-05-07 Contingent — St. Augustine and St. Johns County Board of REALTORS®
• 2022-04-25 Price Changed $259,900 St. Augustine and St. Johns County Board of REALTORS®
• 2022-03-30 Listed $269,900 St. Augustine and St. Johns County Board of REALTORS®
• 1994-09-26 Sold (Public Records) $26,500 Public Records
• 1994-01-25 Sold (Public Records) $30,700 Public Records
• 1992-01-29 Sold (Public Records) $36,300 Public Records
• 1991-07-11 Sold (Public Records) $10,000 Public Records

Property tax history

+12.3%/yr

Latest (2025): $2,579 · +13.9% YoY. Source: county tax records.