1255 Ponce Island Dr #B716Saint 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
Investment property for sale in Saint Augustine at 1255 Ponce Island Dr #B716, Saint Augustine, FL, 32084 earns $11/mo cash flow from $1,801/mo rent with a $974/mo payment. Total monthly income totals $1,801/mo, and annual cash flow totals $127/yr on $65,935 capital. ROI tracks 20.1% on current figures, and rental yield reads 10.87% at a $198,900 purchase. Equity gained on principal adds $1,283/yr, and 5% annual appreciation supports $54,952 over five years. Five-year ROI reaches 107.59% and total cumulative return in cash sums $70,943. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,801/mo property income instead of your personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$470 monthly HOA
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Listed by: K. Jennifer Cook • Vista Collective Real Estate
Mls Name: St Augustine St Johns County BOR
Mls Provider:
Mls ID: #243140
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. 2024 St Augustine & St. Johns County Board of REALTORS. All rights reserved.