2299 Scenic Highway Cir #1PensacolaFL32504
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 2299 Scenic Highway Cir #1, Pensacola, FL, 32504 in Pensacola at $214,500 earns $1,664/mo in rent and nets $81/mo after the $965/mo payment, a 9.31% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $59,262 over five years. Ziffy Mortgage underwrites this on a 1.72 DSCR without U.S. credit history. With $1,976/yr in principal paydown, total projected return reaches $87,632.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 5.8% |
| Monthly Cash Flow | $81 | $320 |
City averages based on Pensacola market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,664 |
| Total Monthly Debt Service | $1,498 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1983
N/A lot
$N/A/sqft
$1,920 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1983
N/A lot
$N/A/sqft
$1,920 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jenny Smith • Connell & Company Realty Inc.
Mls Name: PAR
Mls Provider:
Mls ID: #479026
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