14342 Gardenglen DrPerdido KeyFL32507
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing14342 Gardenglen Dr, Perdido Key, FL, 32507 in Perdido Key is a stable, well-positioned rental at $570,000. Rental yield 6.94%. DSCR 1.31 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $157,480 in value and $5,250/yr in principal paydown builds equity, a total projected return of $189,645.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 8.0% |
| Monthly Cash Flow | $(537) | $1,200 |
City averages based on Perdido Key market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,353 |
| Total Monthly Debt Service | $3,556 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2022
3,598 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
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
Single Family
Built in 2022
3,598 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tonya Zimmern • Levin Rinke Realty
Mls Name: PAR
Mls ID: #664002