129 Manchester StPerdido KeyFL32507
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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
Investment Highlights
Investment property for sale in Perdido Key at 129 Manchester St, Perdido Key, FL, 32507 uses $57,979 cash to close to unlock $1,253/yr annual cash flow and $104/mo monthly cash flow. Total monthly income runs $1,265/mo, and a $856/mo payment keeps the spread at $104/mo. Purchase price stands at $174,900, and rental yield measures 8.68% with $1,265/mo rent. Return on cash invested shows 22.07% in year one, and 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 115.07% and total cumulative return in cash records $66,720. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,265/mo property income covering a $856/mo payment rather than investor’s personal income.
Single Family
Built in 1941
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32507, Pensacola, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,432 (100%) |
| Owner Occupied HU | 9,115 (52.3%) |
| Renter Occupied HU | 4,634 (26.6%) |
| Vacant Housing Units | 3,683 (21.1%) |
| Median Home Value | $372,817 |
| Average Home Value | $417,551 |
Housing Distribution
Address Breakdown
Residential
17,456
Single Family
14,739
Multi-Family
2,717
Businesses
863
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Listed by: G. Jeffrey White • Connell & Company Realty Inc.
Mls Name: PAR
Mls ID: #667217