1255 E Ponce Island Dr #761Saint AugustineFL32084
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 1255 E Ponce Island Dr #761, Saint Augustine, FL, 32084 in Saint Augustine. At $116,000 it earns $1,644/mo in rent and distributes $265/mo to the owner after the $522/mo payment, a consistent 17.01% yield. DSCR 3.15 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $32,049 in value; $1,068/yr in principal paydown compounds ownership stake. Total projected return: $63,975.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17% | 6.0% |
| Monthly Cash Flow | $265 | $200 |
City averages based on Saint Augustine market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,644 |
| Total Monthly Debt Service | $1,332 |
| DSCR Ratio | 1.23x |
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.
Condo
Built in 1987
N/A lot
$N/A/sqft
$573 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1987
N/A lot
$N/A/sqft
$573 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A