1720 N 61st AvePensacolaFL32506
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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
Rental property for sale in Pensacola at 1720 N 61st Ave, Pensacola, FL, 32506 generates $2,880/mo in rent and, after a $1,468/mo payment, leaves $890/mo in cash flow. Total monthly income is $2,880/mo, and annual cash flow is $10,676/yr on $99,417 invested. Return on cash invested sits at 30.65% in year one, and rental yield is 11.52% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 161.02% and total cumulative return in cash sums $160,084. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,880/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32506, Pensacola, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,495 (100%) |
| Owner Occupied HU | 9,199 (55.8%) |
| Renter Occupied HU | 5,963 (36.2%) |
| Vacant Housing Units | 1,333 ( 8.1%) |
| Median Home Value | $265,191 |
| Average Home Value | $280,293 |
Housing Distribution
Address Breakdown
Residential
16,410
Single Family
15,050
Multi-Family
1,360
Businesses
520
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