5931 Greenwood Ln
More Than Just a Property
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Nearby Schools
Educational options and performance ratings in the area.
Scenic Heights Elementary School
Ferry Pass Middle School
Washington Senior 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
This Pensacola property presents a solid investment profile with a strong rental yield of 7.43% and a consistent monthly cash flow of $333.86. The four-bedroom configuration provides a competitive advantage in a market frequently driven by military families and defense contractors. However, a conservative analysis must account for Florida's escalating insurance premiums and potential maintenance on a nearly 1,900 sqft structure. The $334 monthly cash flow provides a necessary margin for vacancy and capital expenditures, but investors should verify the roof age and HVAC condition to protect these margins. Overall, the property offers a balanced mix of immediate yield and steady 4% annual appreciation potential.
- • High bedroom count (4) increases tenant pool and rental premium
- • Strong gross rental yield relative to the $294,500 purchase price
- • Strategic location near military installations ensuring consistent demand
- • Positive monthly cash flow provides a buffer against rising operating costs
- • Exposure to Gulf Coast weather risks and rising property insurance premiums
- • Higher maintenance overhead associated with larger square footage
- • Moderate appreciation forecast compared to high-growth Florida metro areas
- • Potential for increased vacancy costs if military housing allowances fluctuate
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-05-22 | Sold | $289,000 | $153 |
| 2026-05-22 | Pending sale | $294,500 | $155 |
| 2026-04-17 | Contingent | $294,500 | $155 |
| 2026-04-11 | Listed for sale | $294,500 | $155 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $387.09 | $197,392 |
| 2023 | $350.17 | $189,026 |
| 2022 | $368.2 | $163,056 |
| 2021 | $372.03 | $134,916 |
| 2020 | $669.92 | $121,987 |
| 2019 | $371.41 | $119,896 |
| 2018 | $371.41 | $74,041 |
| 2017 | $380.09 | $72,519 |
| 2016 | $388.22 | $71,028 |
| 2015 | $389.65 | $70,535 |
| 2014 | $389.65 | $69,976 |
| 2013 | $0 | $68,942 |
| 2012 | $0 | $67,790 |
| 2011 | $0 | $65,816 |
| 2010 | $0 | $64,844 |
| 2009 | $0 | $63,140 |
| 2008 | $0 | $63,077 |
| 2007 | $0 | $61,240 |
| 2006 | $0 | $59,750 |
| 2005 | $0 | $58,010 |
| 2004 | $0 | $56,320 |
| 2003 | $0 | $55,270 |
| 2002 | $0 | $53,970 |
| 2001 | $0 | $53,120 |
| 2000 | $0 | $51,570 |
| 1999 | $0 | $50,210 |
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: $15,586/yr
On $67,735 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
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