39 ALCIRA CourtSaint AugustineFL32086
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 39 ALCIRA Court, Saint Augustine, FL, 32086 in Saint Augustine achieves 1.76, rent of $1,503/mo covers the $854/mo payment 1.5x over at $190,000. Rental yield 9.49%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $52,494 over five years, with $1,750/yr in principal reduction bringing total projected return to $88,071.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.0% |
| Monthly Cash Flow | $(159) | $200 |
City averages based on Saint Augustine market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,503 |
| Total Monthly Debt Service | $1,185 |
| DSCR Ratio | 1.27x |
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.
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32086, Saint Augustine, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,295 (100%) |
| Owner Occupied HU | 11,913 (73.1%) |
| Renter Occupied HU | 2,942 (18.1%) |
| Vacant Housing Units | 1,440 ( 8.8%) |
| Median Home Value | $463,641 |
| Average Home Value | $526,140 |
Housing Distribution
Address Breakdown
Residential
15,765
Single Family
14,243
Multi-Family
1,522
Businesses
1,131
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 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32086, Saint Augustine, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,295 (100%) |
| Owner Occupied HU | 11,913 (73.1%) |
| Renter Occupied HU | 2,942 (18.1%) |
| Vacant Housing Units | 1,440 ( 8.8%) |
| Median Home Value | $463,641 |
| Average Home Value | $526,140 |
Housing Distribution
Address Breakdown
Residential
15,765
Single Family
14,243
Multi-Family
1,522
Businesses
1,131
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Donna Quarto • FLORIDA HOMES REALTY & MTG LLC
Mls Name: realMLS
Mls ID: #2129179