5990 W Bay Point 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
Investment property for sale in Perdido Key at 5990 W Bay Point Dr, Perdido Key, FL, 32507 uses $102,732 cash to close to unlock $2,319/yr annual cash flow and $193/mo monthly cash flow. Total monthly income runs $2,250/mo, and a $1,517/mo payment keeps the spread at $193/mo. Purchase price stands at $309,900, and rental yield measures 8.71% with $2,250/mo rent. Return on cash invested shows 22.17% in year one, and 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 115.57% and total cumulative return in cash records $118,728. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,250/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 1993
4,356 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: Michael Whitner • RE/MAX GULF PROPERTIES
Mls Name: PAR
Mls ID: #669509