4604 SERENA CircleSaint AugustineFL32084
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Saint Augustine rental at 4604 SERENA Circle, Saint Augustine, FL, 32084 sits in the solid-income band: 9.3% gross yield, $2,363/mo rent, $339/mo net after the $1,371/mo debt service, DSCR 1.72. Entry price of $305,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $84,266 and $2,809/yr in principal reduction bring total cumulative return to $138,098.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.0% |
| Monthly Cash Flow | $339 | $200 |
City averages based on Saint Augustine market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,363 |
| Total Monthly Debt Service | $1,903 |
| DSCR Ratio | 1.24x |
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 2004
N/A lot
$N/A/sqft
No 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 2004
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: VICTOR GONZALEZ • RISE REALTY ADVISORS, LLC
Mls Name: realMLS
Mls ID: #2110379