187 LOGRONO CourtSaint AugustineFL32084
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 187 LOGRONO Court, Saint Augustine, FL, 32084 in Saint Augustine: $3,128/mo in rent, $775/mo net, 10.54% gross yield, all on a $365,000 acquisition. The 1.91 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $100,843 in value, and $3,362/yr in principal paydown steadily builds equity. Projected total cumulative return: $184,032.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.0% |
| Monthly Cash Flow | $775 | $200 |
City averages based on Saint Augustine market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,128 |
| Total Monthly Debt Service | $2,285 |
| DSCR Ratio | 1.37x |
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.
Single Family
Built in 2022
0.31 Acres lot
$N/A/sqft
$100 annually 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
Single Family
Built in 2022
0.31 Acres lot
$N/A/sqft
$100 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: STEVE PATE • RE/MAX SPECIALISTS PV
Mls Name: realMLS
Mls Provider:
Mls ID: #2090970
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.