224 E Garden St APT 433PensacolaFL32502
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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 224 E Garden St APT 433, Pensacola, FL, 32502 generates $1,885/mo in rent and, after a $504/mo payment, leaves $86/mo in cash flow. Total monthly income is $1,885/mo, and annual cash flow is $1,028/yr on $34,131 invested. Return on cash invested sits at 22.92% in year one, and rental yield is 21.97% on a $102,960 entry. Equity gained on principal adds $664/yr, while 5% annual appreciation builds toward $28,446 over five years. Five-year ROI reaches 133.84% and total cumulative return in cash sums $45,681. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,885/mo property income rather than buyer’s personal income.
Condo
Built in 1973
4.01 Acres lot
$N/A/sqft
$1,116 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32502, Pensacola, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,918 (100%) |
| Owner Occupied HU | 1,203 (41.2%) |
| Renter Occupied HU | 1,192 (40.8%) |
| Vacant Housing Units | 523 (17.9%) |
| Median Home Value | $326,471 |
| Average Home Value | $396,199 |
Housing Distribution
Address Breakdown
Residential
2,840
Single Family
2,705
Multi-Family
135
Businesses
1,144
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