1255 Ponce Island Dr #B716Saint AugustineFL32084
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis is a cash-flow-light asset: 1255 Ponce Island Dr #B716, Saint Augustine, FL, 32084 in Saint Augustine, $198,900, 10.87% gross yield, $11/mo net income. Consider it a market-entry position, the $1,801/mo rent covers the $894/mo payment with a margin, and 5%/yr appreciation is projected to add $54,952 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 2.01) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $78,610.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.0% |
| Monthly Cash Flow | $11 | $200 |
City averages based on Saint Augustine market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,801 |
| Total Monthly Debt Service | $1,711 |
| DSCR Ratio | 1.05x |
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
$470 monthly HOA
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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
Condo
Built in 1987
N/A lot
$N/A/sqft
$470 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices