16604 Perdido Key Dr UNIT 1Perdido 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
Investment property for sale in Perdido Key at 16604 Perdido Key Dr UNIT 1, Perdido Key, FL, 32507 listed at $1,190,000 pairs $5,195/mo rent with a $5,824/mo payment. Total monthly income runs $5,195/mo. Return on cash invested measures 11.96% in year one, and rental yield registers 5.24% at a $1,190,000 basis. Equity gained on principal adds $7,679/yr, and annual property appreciation at 5% supports $328,775 by year five. Five-year ROI tracks 60.73% and total cumulative return in cash totals $234,148. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,195/mo property income relative to a $5,824/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2021
1.14 Acres 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: Katy Collins • Levin Rinke Realty
Mls Name: PAR
Mls ID: #661978