1620 Addies WayPensacolaFL32534
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 at 1620 Addies Way, Pensacola, FL, 32534 at $260,000 posts ROI 22.27% with $170/mo cash flow from $1,915/mo rent. Total monthly income equals $1,915/mo, and annual cash flow records $2,035/yr on $86,190 to close. Return on cash invested measures 22.27% and rental yield reads 8.84% at the current $260,000. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 by year five. Five-year ROI prints 116.21% and total cumulative return in cash totals $100,157.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,915/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2022
6,969 sqft lot
$N/A/sqft
$235 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32534, Pensacola, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,433 (100%) |
| Owner Occupied HU | 4,857 (57.6%) |
| Renter Occupied HU | 2,852 (33.8%) |
| Vacant Housing Units | 724 ( 8.6%) |
| Median Home Value | $252,281 |
| Average Home Value | $286,499 |
Housing Distribution
Address Breakdown
Residential
8,220
Single Family
8,220
Multi-Family
0
Businesses
715
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Listed by: Nathan Lawrence • Legacy Premier Agency
Mls Name: CPAR
Mls Provider:
Mls ID: #771445
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.