1255 PONCE ISLAND Drive UNIT E-764Saint 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 Drive UNIT E-764, Saint Augustine, FL, 32084 listed at $145,000 pairs $1,115/mo rent with a $710/mo payment. Total monthly income runs $1,115/mo. Return on cash invested measures 11.98% in year one, and rental yield registers 9.23% at a $145,000 basis. Equity gained on principal adds $936/yr, and annual property appreciation at 5% supports $40,061 by year five. Five-year ROI tracks 65.2% and total cumulative return in cash totals $31,340. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,115/mo property income relative to a $710/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1987
N/A lot
$N/A/sqft
$470 monthly HOA
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Listed by: ALLISON SANDERSON • COLDWELL BANKER VANGUARD REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2061652
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. Data is deemed reliable but is not guaranteed accurate by realMLS.