1390 Fort Pickens Rd APT 246Pensacola BeachFL32561
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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 Pensacola Beach at 1390 Fort Pickens Rd APT 246, Pensacola Beach, FL, 32561 earns from $4,680/mo rent with a $3,813/mo payment. Total monthly income totals $4,680/mo. ROI tracks 17.77% on current figures, and rental yield reads 7.21% at a $779,000 purchase. Equity gained on principal adds $5,027/yr, and 5% annual appreciation supports $215,223 over five years. Five-year ROI reaches 91.92% and total cumulative return in cash sums $235,586. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,680/mo property income instead of your personal income.
Condo
Built in 1990
3.42 Acres lot
$N/A/sqft
No 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
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Listed by: Karen Krasnosky • Levin Rinke Realty
Mls Name: PAR
Mls ID: #671950