600 Scenic Hwy APT 202PensacolaFL32503
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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 600 Scenic Hwy APT 202, Pensacola, FL, 32503 uses $49,692 cash to close to unlock $2,519/yr annual cash flow and $210/mo monthly cash flow. Total monthly income runs $1,205/mo, and a $734/mo payment keeps the spread at $210/mo. Purchase price stands at $149,900, and rental yield measures 9.65% with $1,205/mo rent. Return on cash invested shows 24.98% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 130.62% and total cumulative return in cash records $64,907. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,205/mo property income covering a $734/mo payment rather than investor’s personal income.
Condo
Built in 1965
1.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32503, Pensacola, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,776 (100%) |
| Owner Occupied HU | 8,524 (57.7%) |
| Renter Occupied HU | 4,736 (32.1%) |
| Vacant Housing Units | 1,516 (10.3%) |
| Median Home Value | $372,177 |
| Average Home Value | $414,973 |
Housing Distribution
Address Breakdown
Residential
14,587
Single Family
13,675
Multi-Family
912
Businesses
1,278
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