5535 Sea Spray DrPerdido 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 5535 Sea Spray Dr, Perdido Key, FL, 32507 priced at $535,590 converts $4,069/mo rent into $515/mo cash flow after a $2,621/mo obligation. Total monthly income equals $4,069/mo, and annual cash flow totals $6,182/yr on $176,209 invested. Return on cash invested prints 23.57% in year one, and rental yield reads 9.12% against a $535,590 entry. Equity gained on principal adds $3,456/yr, while 5% annual appreciation compiles into $147,974 by year five. Five-year ROI reaches 123.04% and total cumulative return in cash sums $216,802. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,069/mo property income covering a $2,621/mo payment, not borrower’s personal income.
Single Family
Built in 2003
1 Acres 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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