1216 Vista Cove RdSaint AugustineFL32084
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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
Investment Highlights
Rental property for sale in Saint Augustine at 1216 Vista Cove Rd, Saint Augustine, FL, 32084 priced at $315,000 converts $2,623/mo rent into after a $1,542/mo obligation. Total monthly income equals $2,623/mo. Return on cash invested prints 18.1% in year one, and rental yield reads 9.99% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 96.62% and total cumulative return in cash sums $100,889. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,623/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Townhouse
Built in 1998
N/A lot
$N/A/sqft
$546 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Winifred Kelly • Berkshire Hathaway Homeservices Florida Network Realty
Mls Name: St Augustine St Johns County BOR
Mls Provider:
Mls ID: #243778
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2025 St Augustine & St. Johns County Board of REALTORS. All rights reserved.