157 Marine St UNIT 207Saint AugustineFL32084
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play157 Marine St UNIT 207, Saint Augustine, FL, 32084 in Saint Augustine is priced for appreciation, not yield. Rental yield 3.46%. At $789,900 with a 3.46% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $218,235 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.64) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $73,503.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.5% | 6.0% |
| Monthly Cash Flow | $(3,578) | $200 |
City averages based on Saint Augustine market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,276 |
| Total Monthly Debt Service | $5,540 |
| DSCR Ratio | 0.41x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2001
N/A lot
$N/A/sqft
$612 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 2001
N/A lot
$N/A/sqft
$612 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices