607 GOLDEN LAKE LoopSaint AugustineFL32084
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe 10.71% yield at 607 GOLDEN LAKE Loop, Saint Augustine, FL, 32084 in Saint Augustine is solid, but the $922/mo payment compresses net cash flow to $171/mo at $205,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $56,638 by year five, and $1,888/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.98) without U.S. income documentation. Total projected return: $90,393.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.0% |
| Monthly Cash Flow | $171 | $200 |
City averages based on Saint Augustine market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,830 |
| Total Monthly Debt Service | $1,578 |
| DSCR Ratio | 1.16x |
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 2010
N/A lot
$N/A/sqft
$299 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 2010
N/A lot
$N/A/sqft
$299 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: KATHY SLUSSER • RE/MAX UNLIMITED
Mls Name: realMLS
Mls Provider:
Mls ID: #2086563
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.