13575 Sandy Key Dr UNIT 616Perdido KeyFL32507
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
Rental property for sale in Perdido Key at 13575 Sandy Key Dr UNIT 616, Perdido Key, FL, 32507 generates $2,622/mo in rent, after a $3,219/mo payment. Total monthly income is $2,622/mo. Return on cash invested sits at 5.17% in year one, and rental yield is 4.78% on a $657,750 entry. Equity gained on principal adds $4,244/yr, while 5% annual appreciation builds toward $181,724 over five years. Five-year ROI reaches 26.28% and total cumulative return in cash sums $56,879. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,622/mo property income rather than buyer’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$10,738 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan A Carleton • Pointe South
Mls Name: ECAOR
Mls Provider:
Mls ID: #975325
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