612 Pelham RdPerdido KeyFL32507
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 612 Pelham Rd, Perdido Key, FL, 32507 in Perdido Key is narrow, $150/mo net on $1,139/mo rent after the $670/mo debt service, but the property operates at break-even-plus, not a loss. At $149,000 with a 9.17% yield, the long-run equity case via 5% appreciation ($41,166 over five years) and $1,372/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.70 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $66,484.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 8.0% |
| Monthly Cash Flow | $150 | $1,200 |
City averages based on Perdido Key market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,139 |
| Total Monthly Debt Service | $930 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1952
0.31 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1952
0.31 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ranae Stewart • The Realty Vault
Mls Name: PAR
Mls ID: #677432