307 N 59th AvePensacolaFL32506
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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 307 N 59th Ave, Pensacola, FL, 32506 uses $64,643 cash to close to unlock $3,100/yr annual cash flow and $258/mo monthly cash flow. Total monthly income runs $1,552/mo, and a $954/mo payment keeps the spread at $258/mo. Purchase price stands at $195,000, and rental yield measures 9.55% with $1,552/mo rent. Return on cash invested shows 24.71% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 129.2% and total cumulative return in cash records $83,518. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,552/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1960
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32506, Pensacola, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,495 (100%) |
| Owner Occupied HU | 9,199 (55.8%) |
| Renter Occupied HU | 5,963 (36.2%) |
| Vacant Housing Units | 1,333 ( 8.1%) |
| Median Home Value | $265,191 |
| Average Home Value | $280,293 |
Housing Distribution
Address Breakdown
Residential
16,410
Single Family
15,050
Multi-Family
1,360
Businesses
520
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