816 Pickens AvePensacolaFL32503
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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 816 Pickens Ave, Pensacola, FL, 32503 offers $1,303/mo rent that, after a $783/mo payment, leaves $140/mo cash flow. Total monthly income is $1,303/mo, and annual cash flow is $1,677/yr on $53,040 cash. Return on cash invested measures 23.07% in year one, and rental yield stands at 9.77% at a $160,000 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,205 by year five. Five-year ROI records 121.25% and total cumulative return in cash reaches $64,310. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,303/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
7,405 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
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Listed by: Tara Dominguez • Levin Rinke Realty
Mls Name: PAR
Mls Provider:
Mls ID: #627574
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