805 Covington Pl EPensacolaFL32501
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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 805 Covington Pl E, Pensacola, FL, 32501 earns from $2,236/mo rent with a $2,237/mo payment. Total monthly income totals $2,236/mo. ROI tracks 13.6% on current figures, and rental yield reads 5.87% at a $457,000 purchase. Equity gained on principal adds $2,949/yr, and 5% annual appreciation supports $126,261 over five years. Five-year ROI reaches 69.6% and total cumulative return in cash sums $105,439. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,236/mo property income instead of your personal income.
Townhouse
Built in 2025
2,064 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32501, Pensacola, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,593 (100%) |
| Owner Occupied HU | 2,368 (42.3%) |
| Renter Occupied HU | 2,326 (41.6%) |
| Vacant Housing Units | 899 (16.1%) |
| Median Home Value | $388,914 |
| Average Home Value | $452,274 |
Housing Distribution
Address Breakdown
Residential
5,280
Single Family
4,756
Multi-Family
524
Businesses
771
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