502 Chaseville StPerdido KeyFL32507
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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 Perdido Key at 502 Chaseville St, Perdido Key, FL, 32507 offers $1,431/mo rent that, after a $636/mo payment, leaves $569/mo cash flow. Total monthly income is $1,431/mo, and annual cash flow is $6,825/yr on $43,062 cash. Return on cash invested measures 35.76% in year one, and rental yield stands at 13.22% at a $129,900 entry. Equity gained on principal adds $838/yr while 5% annual appreciation compounds into $35,889 by year five. Five-year ROI records 188.45% and total cumulative return in cash reaches $81,151. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,431/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
8,041 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32507, Pensacola, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,432 (100%) |
| Owner Occupied HU | 9,115 (52.3%) |
| Renter Occupied HU | 4,634 (26.6%) |
| Vacant Housing Units | 3,683 (21.1%) |
| Median Home Value | $372,817 |
| Average Home Value | $417,551 |
Housing Distribution
Address Breakdown
Residential
17,456
Single Family
14,739
Multi-Family
2,717
Businesses
863
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Listed by: Allison Brandt • Levin Rinke Realty
Mls Name: PAR
Mls ID: #667408