1255 PONCE ISLAND Drive #F-777Saint AugustineFL32095
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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 Drive #F-777, Saint Augustine, FL, 32095 uses $52,709 cash to close to unlock $5,401/yr annual cash flow and $450/mo monthly cash flow. Total monthly income runs $1,505/mo, and a $778/mo payment keeps the spread at $450/mo. Purchase price stands at $159,000, and rental yield measures 11.36% with $1,505/mo rent. Return on cash invested shows 30.16% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 158.48% and total cumulative return in cash records $83,532. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,505/mo property income covering a $778/mo payment rather than investor’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32095, Saint Augustine, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,370 (100%) |
| Owner Occupied HU | 7,845 (69.0%) |
| Renter Occupied HU | 1,719 (15.1%) |
| Vacant Housing Units | 1,806 (15.9%) |
| Median Home Value | $547,345 |
| Average Home Value | $705,162 |
Housing Distribution
Address Breakdown
Residential
9,328
Single Family
9,172
Multi-Family
156
Businesses
479
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Listed by: AMY TAYLOR • ENDLESS SUMMER REALTY
Mls Name: realMLS
Mls ID: #2119475