1350 Fort Pickens Rd APT 3Pensacola 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 1350 Fort Pickens Rd APT 3, Pensacola Beach, FL, 32561 listed at $680,000 pairs $4,072/mo rent with a $3,328/mo payment. Total monthly income runs $4,072/mo. Return on cash invested measures 11.66% in year one, and rental yield registers 7.19% at a $680,000 basis. Equity gained on principal adds $4,388/yr, and annual property appreciation at 5% supports $187,871 by year five. Five-year ROI tracks 61.38% and total cumulative return in cash totals $137,316. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,072/mo property income relative to a $3,328/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1983
975.74 sqft lot
$N/A/sqft
$13,500 annually 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: Ebba-Kerstin Dampier • Ebba Dampier Realty, LLC
Mls Name: PAR
Mls Provider:
Mls ID: #642163
Disclaimer: Copyright 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS. Florida recognizes single and transaction agency relationships. Information deemed reliable but not guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. 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.