6481 Myrtle Hill CirPensacolaFL32506
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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 Pensacola at 6481 Myrtle Hill Cir, Pensacola, FL, 32506 priced at $105,000 converts $1,579/mo rent into $882/mo cash flow after a $514/mo obligation. Total monthly income equals $1,579/mo, and annual cash flow totals $10,585/yr on $34,808 invested. Return on cash invested prints 50.32% in year one, and rental yield reads 18.05% against a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation compiles into $29,010 by year five. Five-year ROI reaches 266.64% and total cumulative return in cash sums $92,810. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,579/mo property income covering a $514/mo payment, not borrower’s personal income.
Manufactured
Built in 2004
6,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32506, Pensacola, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,495 (100%) |
| Owner Occupied HU | 9,199 (55.8%) |
| Renter Occupied HU | 5,963 (36.2%) |
| Vacant Housing Units | 1,333 ( 8.1%) |
| Median Home Value | $265,191 |
| Average Home Value | $280,293 |
Housing Distribution
Address Breakdown
Residential
16,410
Single Family
15,050
Multi-Family
1,360
Businesses
520
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