224 E Garden St APT 449PensacolaFL32502
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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 Pensacola at 224 E Garden St APT 449, Pensacola, FL, 32502 offers a 20.71% rental yield on a $102,960 purchase with $1,777/mo rent. Total monthly income registers $1,777/mo, and a $504/mo payment leaves $1,094/mo available for distribution. Annual cash flow reaches $13,124/yr on $34,131 to close, and return on cash invested stands at 58.36% in year one. Equity gained on principal adds $664/yr while 5% annual appreciation supports $28,446 over five years. Portfolio math shows five-year ROI at 309.67% and total cumulative return in cash at $105,693. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,777/mo property income against a $504/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
4 Acres lot
$N/A/sqft
No 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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