850 Fort Pickens Rd UNIT 1040Pensacola BeachFL32561
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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 Beach at 850 Fort Pickens Rd UNIT 1040, Pensacola Beach, FL, 32561 offers a 5.21% rental yield on a $719,000 purchase with $3,120/mo rent. 68% in year one. Equity gained on principal adds $4,640/yr while 5% annual appreciation supports $198,646 over five years. Portfolio math shows five-year ROI at 59.28% and total cumulative return in cash at $140,237. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,120/mo property income against a $3,519/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32561, Gulf Breeze, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,132 (100%) |
| Owner Occupied HU | 3,393 (55.3%) |
| Renter Occupied HU | 764 (12.5%) |
| Vacant Housing Units | 1,975 (32.2%) |
| Median Home Value | $619,940 |
| Average Home Value | $716,973 |
Housing Distribution
Address Breakdown
Residential
4,555
Single Family
3,596
Multi-Family
959
Businesses
368
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Listed by: Stephanie Harrington • Engel & Volkers Pensacola
Mls Name: PAR
Mls ID: #673455