117 Elmhurst LnSaint AugustineFL32084
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 117 Elmhurst Ln, Saint Augustine, FL, 32084 in Saint Augustine. Priced at $228,990, it generates $2,400/mo in gross rent and $785/mo in net monthly cash flow, a 12.58% yield that comfortably supports the 2.33 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $9,425. Five-year appreciation: $63,266. Equity from principal paydown: $2,109/yr. Total projected cumulative return: $138,254.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 6.0% |
| Monthly Cash Flow | $785 | $200 |
City averages based on Saint Augustine market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,400 |
| Total Monthly Debt Service | $1,524 |
| DSCR Ratio | 1.58x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2024
2,178 sqft lot
$N/A/sqft
$285 quarterly HOA
Nearby investment properties with comparable rents
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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
Townhouse
Built in 2024
2,178 sqft lot
$N/A/sqft
$285 quarterly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices