1299 Fort Pickens Rd APT 6Pensacola BeachFL32561
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
Investment Highlights
Investment property for sale in Pensacola Beach at 1299 Fort Pickens Rd APT 6, Pensacola Beach, FL, 32561 listed at $1,490,000 pairs $2,760/mo rent with a $7,293/mo payment. Total monthly income runs $2,760/mo. Return on cash invested measures -0.33% in year one, and rental yield registers 2.22% at a $1,490,000 basis. Equity gained on principal adds $9,615/yr, and annual property appreciation at 5% supports $411,660 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,760/mo property income relative to a $7,293/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
N/A lot
$N/A/sqft
$1,200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32561, Gulf Breeze, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,132 (100%) |
| Owner Occupied HU | 3,393 (55.3%) |
| Renter Occupied HU | 764 (12.5%) |
| Vacant Housing Units | 1,975 (32.2%) |
| Median Home Value | $619,940 |
| Average Home Value | $716,973 |
Housing Distribution
Address Breakdown
Residential
4,555
Single Family
3,596
Multi-Family
959
Businesses
368
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James B Taylor • Pensacola Beach Properties Real Estate Sales
Mls Name: ECAOR
Mls Provider:
Mls ID: #971283
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. Information is deemed reliable but not guaranteed. Member number: 28189