555 N 68th Ave
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Nearby Schools
Educational options and performance ratings in the area.
Myrtle Grove Elementary School
Warrington Middle School
Escambia High School
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
The property at 555 N 68th Ave offers a low entry price point for a four-bedroom asset in Pensacola, but the financials demand a conservative outlook. A monthly cash flow of approximately $150 is exceptionally thin for a single-family residence, providing a negligible margin for capital expenditure reserves, tenant turnover, or the escalating property insurance costs prevalent in Florida. While the 6.95% rental yield is statistically fair, the actual net operating income is highly sensitive to even minor repairs. From an expert perspective, this investment carries significant risk of becoming cash-flow negative if any major systems fail, making it an average play suitable only for investors with ample liquidity.
- • Low acquisition cost for a four-bedroom, two-bathroom floor plan
- • Reasonable gross rental yield of nearly 7% at the current price point
- • Consistent 4% annual appreciation forecast aligns with regional growth trends
- • Minimal cash flow of $150 per month provides no buffer for emergency repairs
- • Vulnerability to rising Florida homeowners insurance premiums and hurricane-related costs
- • Management overhead for older single-family homes often exceeds thin profit margins
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-06-25 | Sold | $208,000 | $147 |
| 2026-06-18 | Contingent | $204,999 | $145 |
| 2026-05-05 | Listed for sale | $204,999 | $145 |
| 2026-04-14 | Pending sale | $204,999 | $145 |
| 2026-04-13 | Contingent | $204,999 | $145 |
| 2026-04-08 | Listed for sale | $204,999 | $145 |
| 2021-05-17 | Sold | $185,000 | $131 |
| 2020-10-12 | Listing removed | $175,000 | $124 |
| 2020-08-26 | Price change | $175,000 | $124 |
| 2020-07-17 | Price change | $179,900 | $127 |
| 2020-06-22 | Price change | $182,500 | $129 |
| 2020-02-28 | Price change | $199,900 | $141 |
| 2020-02-10 | Price change | $200,000 | $141 |
| 2020-01-26 | Price change | $205,000 | $145 |
| 2020-01-12 | Listed for sale | $214,900 | $152 |
| 2019-09-25 | Sold | $68,000 | $48 |
| 2008-05-13 | Sold | $65,000 | $46 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $1,740.31 | $189,210 |
| 2023 | $1,722 | $181,895 |
| 2022 | $1,677.26 | $155,999 |
| 2021 | $1,620.67 | $108,914 |
| 2020 | $1,454.51 | $97,592 |
| 2019 | $371.58 | $55,130 |
| 2018 | $371.58 | $42,126 |
| 2017 | $365.42 | $41,260 |
| 2016 | $358.28 | $40,412 |
| 2015 | $349.92 | $40,132 |
| 2014 | $349.92 | $39,814 |
| 2013 | $0 | $39,226 |
| 2012 | $0 | $39,226 |
| 2011 | $0 | $41,286 |
| 2010 | $0 | $42,906 |
| 2009 | $0 | $45,032 |
| 2008 | $0 | $45,673 |
| 2007 | $0 | $49,000 |
| 2006 | $0 | $51,590 |
| 2005 | $0 | $39,480 |
| 2004 | $0 | $39,480 |
| 2003 | $0 | $36,360 |
| 2002 | $0 | $35,320 |
| 2001 | $0 | $35,040 |
| 2000 | $0 | $32,000 |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $12,192/yr
On $47,150 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
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