2016 Dr Martin Luther King Jr DrPensacolaFL32503
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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 2016 Dr Martin Luther King Jr Dr, Pensacola, FL, 32503 priced at $125,000 pairs $1,936/mo rent with $1,031/mo cash flow after a $612/mo payment. Total monthly income equals $1,936/mo, and annual cash flow comes to $12,369/yr on $41,438 invested. Return on cash invested is 49.76% in year one, and rental yield stands at 18.59% on a $125,000 basis. Equity gained on principal adds $807/yr, and 5% annual appreciation accumulates to $34,535 by year five. Five-year ROI measures 264.32% and total cumulative return in cash reaches $109,529. For financing, Ziffy Mortgage’s DSCR program evaluates $1,936/mo property income against a $612/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1945
3,746 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32503, Pensacola, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,776 (100%) |
| Owner Occupied HU | 8,524 (57.7%) |
| Renter Occupied HU | 4,736 (32.1%) |
| Vacant Housing Units | 1,516 (10.3%) |
| Median Home Value | $372,177 |
| Average Home Value | $414,973 |
Housing Distribution
Address Breakdown
Residential
14,587
Single Family
13,675
Multi-Family
912
Businesses
1,278
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