206 S 2nd StPerdido KeyFL32507
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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 Perdido Key at 206 S 2nd St, Perdido Key, FL, 32507 priced at $200,000 pairs $1,509/mo rent with $182/mo cash flow after a $979/mo payment. Total monthly income equals $1,509/mo, and annual cash flow comes to $2,180/yr on $66,300 invested. Return on cash invested is 23.2% in year one, and rental yield stands at 9.05% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 121.08% and total cumulative return in cash reaches $80,276. For financing, Ziffy Mortgage’s DSCR program evaluates $1,509/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
8,276 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
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Listed by: Brandon Watson • TEAM SANDY BLANTON REALTY, INC
Mls Name: PAR
Mls ID: #674354