2299 Scenic Hwy APT R10PensacolaFL32503
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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 2299 Scenic Hwy APT R10, Pensacola, FL, 32503 generates $1,582/mo in rent and, after a $1,028/mo payment, leaves $188/mo in cash flow. Total monthly income is $1,582/mo, and annual cash flow is $2,259/yr on $69,615 invested. Return on cash invested sits at 23.15% in year one, and rental yield is 9.04% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 120.88% and total cumulative return in cash sums $84,148. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,582/mo property income rather than buyer’s personal income.
Condo
Built in 1983
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32503, Pensacola, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,776 (100%) |
| Owner Occupied HU | 8,524 (57.7%) |
| Renter Occupied HU | 4,736 (32.1%) |
| Vacant Housing Units | 1,516 (10.3%) |
| Median Home Value | $372,177 |
| Average Home Value | $414,973 |
Housing Distribution
Address Breakdown
Residential
14,587
Single Family
13,675
Multi-Family
912
Businesses
1,278
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