215 Hermey AvePerdido 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
Investment property for sale in Perdido Key at 215 Hermey Ave, Perdido Key, FL, 32507 with 5% annual appreciation on a $139,000 basis while $1,059/mo rent supports operations. Total monthly income totals $1,059/mo and a $680/mo payment preserves $137/mo for cash returns. Annual cash flow comes to $1,643/yr on $46,079 deployed, and return on cash invested reaches 23.47% in year one. Equity gained on principal adds $897/yr, and five-year appreciation sums $38,403 alongside rental yield of 9.14%. Five-year ROI measures 122.52% and total cumulative return in cash totals $56,456.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,059/mo property income versus a $680/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
10,105 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: Becky Nicholson • Coldwell Banker Realty
Mls Name: PAR
Mls ID: #673752