710 Scenic Hwy APT 221PensacolaFL32503
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
Investment Highlights
Investment property for sale in Pensacola at 710 Scenic Hwy APT 221, Pensacola, FL, 32503 offers a 9.5% rental yield on a $199,900 purchase with $1,582/mo rent. Total monthly income registers $1,582/mo, and a $978/mo payment leaves $256/mo available for distribution. Annual cash flow reaches $3,070/yr on $66,267 to close, and return on cash invested stands at 24.54% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 128.26% and total cumulative return in cash at $84,997. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,582/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1965
435.60 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices