2398 Shoal Creek DrPensacolaFL32514
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 2398 Shoal Creek Dr, Pensacola, FL, 32514 in Pensacola deserves attention. This $187,400 property earns $2,290/mo in rent, a 14.66% gross yield, and nets $1,035/mo after the $843/mo payment. DSCR 2.72 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $51,775 compounds alongside $1,726/yr in yearly equity build, for a total cumulative return of $138,097.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.7% | 5.8% |
| Monthly Cash Flow | $1,035 | $320 |
City averages based on Pensacola market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,290 |
| Total Monthly Debt Service | $1,180 |
| DSCR Ratio | 1.94x |
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.
Single Family
Built in 1986
7,797 sqft lot
$N/A/sqft
$11 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32514, Pensacola, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,330 (100%) |
| Owner Occupied HU | 9,674 (50.0%) |
| Renter Occupied HU | 8,179 (42.3%) |
| Vacant Housing Units | 1,477 ( 7.6%) |
| Median Home Value | $286,128 |
| Average Home Value | $334,977 |
Housing Distribution
Address Breakdown
Residential
19,150
Single Family
14,374
Multi-Family
4,776
Businesses
796
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
Single Family
Built in 1986
7,797 sqft lot
$N/A/sqft
$11 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32514, Pensacola, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,330 (100%) |
| Owner Occupied HU | 9,674 (50.0%) |
| Renter Occupied HU | 8,179 (42.3%) |
| Vacant Housing Units | 1,477 ( 7.6%) |
| Median Home Value | $286,128 |
| Average Home Value | $334,977 |
Housing Distribution
Address Breakdown
Residential
19,150
Single Family
14,374
Multi-Family
4,776
Businesses
796
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices