211 Ehrmann St · West Pensacola, FL 32507

$135,000

3 bd · 1.0 ba · 1,146 sqft · SingleFamily public records · 26 Days on market

Built 1952 6,534 sqft lot $118/sqft · 7% below area Est $146k · 7% under

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Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +25.7/30.0
• ARV discount +10.8/15.0
• DSCR +8.6/10.0
• 1% rule +6.3/10.0
• Schools +3.6/10.0
• Livability +3.3/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

* * INVESTMENT ALERT * * * This is a turn key rental property that cash flows immediately. It is currently tenant occupied with a 100% payment history (please do not disturb tenant). The lease is due for renewal 6/30/26. The property has a newer roof and the HVAC has been recently serviced. Whether you're a first time investor or looking to add to your portfolio this property is a solid investment in an appreciating area.

Key facts

• 6,534 sq ft lot
• Built 1952
• Listed 26 days

Property features AI

Finance

• Other: Property is not new construction
• HOA & community: No homeowners association

Exterior

• Parking: On-street parking
• Utilities: Electric with circuit breakers; Public sewer; Public water
• Home design: Single-story frame construction; Resale property; Not attached to another property; Lot approximately 0.15 acres
• Construction: Frame construction; Slab foundation; One level
• Exterior features: Composition roof; Public maintained paved road; Public water

Interior

• Kitchen: Electric water heater
• Bedrooms: Master bedroom on the first floor, approximately 9 by 10
• Flooring: Simulated wood
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Simulated wood flooring; Living and dining combined
• Laundry & utility: No specific laundry details provided

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $324 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $135k).
• Recommended offer: $133k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 66/100 on livability (#629 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety B+; Watch: crime D, schools F, amenities F.
• Escambia (suburban): math 40% / reading 45% proficiency, ranked #56 of 73 in FL (top 77%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+1.2%/yr); 701 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 1,479 units permitted in Escambia County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Escambia County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 26 days — a 2% lower offer ($133k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $48k; list at $135k implies a 181% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1952 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $132,975 (1.5% below list)

Questions for the listing agent

1. Built in 1952 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.13% ✓
• Cap rate: 9.18%
• Cash-on-cash: 10.29%
• DSCR: 1.46
• GRM: 7.4

CMA / ARV

• ARV (median comp): $145,787
• List price: $135,000
• Delta: -7.40%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
315 Frisco Ct	0.03mi	3/2.0	1,196 (+4%)	2mo	$201,000	$168	86
320 Chaseville St	0.09mi	2/1.0 (-1)	1,168 (+2%)	5mo	$155,000	$133	83
207 Alton Rd	0.36mi	3/1.0	1,100 (-4%)	3mo	$210,000	$191	74
130 Shadow Lawn Ln	0.38mi	3/2.0	1,215 (+6%)	1mo	$125,000	$103	67
212 Ada Wilson Ave	0.59mi	3/2.0	1,132 (-1%)	1mo	$217,000	$192	66
805 Rue Max St	0.61mi	3/1.0	1,106 (-4%)	1mo	$200,000	$181	64
218 Alton Rd	0.38mi	3/2.0	1,264 (+10%)	2mo	$255,000	$202	60
629 Rue Max St	0.51mi	3/1.0	1,020 (-11%)	1mo	$222,000	$218	57
105 Citrus St	0.62mi	3/2.0	1,200 (+5%)	5mo	$170,000	$142	55
307 Lakewood Rd	0.56mi	2/2.5 (-1)	1,252 (+9%)	4mo	$210,000	$168	44
316 Ada Wilson Ave	0.44mi	4/2.0 (+1)	1,306 (+14%)	9mo	$162,500	$124	40
209 Marine Dr	0.71mi	3/2.0	984 (-14%)	2mo	$177,500	$180	38

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.22% rent growth · sell at horizon

5-year hold

• IRR: -2.8%
• Equity multiple: 0.90×
• Total profit: $-3,920
• Equity at exit: $20,129

10-year hold

• IRR: 4.9%
• Equity multiple: 1.33×
• Total profit: $12,501
• Equity at exit: $11,672

Cash invested: $37,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32507

• Home prices YoY: -4.6%
• Rents YoY: 1.2%
• Active inventory: 701
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,529 high
• Mortgage (P&I): −$708
• Tax from tax record: −$119 /mo · $1,430/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$321
• Net cashflow: $324

Break-even live

Break-even rent $1,118

Max offer price $135,000

Occupancy floor 74%

Sensitivity live

Price	-10% $401	-5% $362	+0% $324	+5% $286	+10% $248
Rent	-10% $204	-5% $264	+0% $324	+5% $385	+10% $445
Rate	-1.0pp $392	-0.5pp $359	base $324	+0.5pp $289	+1.0pp $254

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
190 N Old Corry Field Rd Pensacola, FL	1.0–2.0	1.0–2.0	915	$1,174	$1.28	15d	3	0.52mi
113 Rue Max St Pensacola, FL	3.0	1.0	862	$1,395	$1.62	24d	1	0.86mi
3740 Frontera Cir Pensacola, FL	3.0	1.0	1024	$1,295	$1.26	24d	1	0.87mi
4600 Twin Oaks Dr Pensacola, FL	1.0–2.0	1.0	838	$1,499	$1.79	15d	29	0.90mi
5 Elegans Ave Pensacola, FL	2.0	1.0	788	$1,195	$1.52	24d	1	0.93mi
419 N Wentworth St Pensacola, FL	2.0	1.0	1100	$1,195	$1.09	24d	1	1.02mi
1120 S Old Corry Field Rd Pensacola, FL	3.0	1.0	1000	$1,295	$1.29	24d	1	1.09mi
852 Garnet St Pensacola, FL	3.0	1.5	1150	$1,150	$1.00	15d	1	1.22mi
316 Teakwood Cir Pensacola, FL	2.0	1.5	1024	$1,350	$1.32	15d	1	1.28mi
7 Mindoro Cir Pensacola, FL	3.0	1.0	924	$1,395	$1.51	24d	1	1.31mi
26 N Lincoln Rd Unit B Pensacola, FL	2.0	1.0	759	$1,050	$1.38	15d	1	1.35mi
4519 Martha Ave Pensacola, FL	3.0	1.0	1104	$1,600	$1.45	24d	1	1.38mi
5501 Mayfair Dr Pensacola, FL	3.0	1.0	912	$1,295	$1.42	24d	1	1.38mi
45 W Carver Dr Pensacola, FL	3.0	1.0	940	$1,325	$1.41	24d	1	1.40mi
1218 N Kirk St Pensacola, FL	2.0	1.0	850	$1,150	$1.35	24d	1	1.42mi
99 S 3rd St Unit 3 Pensacola, FL	2.0	1.5	900	$1,259	$1.40	24d	1	1.44mi
3141 Barrancas Ave Pensacola, FL	2.0	1.5	1200	$2,150	$1.79	15d	1	1.44mi
406 N S St Pensacola, FL	2.0	1.0	806	$1,295	$1.61	24d	1	1.45mi

Listing history 10 events

1. 2026-06-01
   statusdays on market $135,000 Pending 26 DOM
2. 2026-05-31
   days on market $135,000 Active 25 DOM
3. 2026-05-31
   days on market $135,000 Active 24 DOM
4. 2026-05-16
   price $144,000 420-char remark
5. 2026-05-09
   price $149,900 420-char remark
6. 2026-05-06
   listed $155,000 Active 420-char remark
7. 1999-09-02
   soldstatus $48,000
8. 1999-05-05
   soldstatus $30,200
9. 1998-08-01
   soldstatus $30,200
10. 1993-10-26
    soldstatus $31,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $1,430 · $119/mo
• Projected year-2 tax: $1,430 · $119/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥105°F today · 23 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,344
• − Mortgage interest: −$7,562
• − Property taxes: −$1,430
• − Insurance: −$675
• − Repairs & maintenance: −$1,468
• − Management: −$1,468
• − Depreciation: −$3,927
• Taxable income: $1,815
• Est. tax owed @ 24.0%: −$436
• After-tax cash flow: $3,456/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Escambia
• NCES district ID: 1200510
• Math proficiency: 40% ▼ -9.00%
• Reading proficiency: 45% ▼ -4.00%
• Median HH income: $44,649
• Composite: 36.04/100
• National rank: #4773
• State rank: #56 of 73 in FL

Livability — West Pensacola

• Score: 66/100
• State rank: #629
• US rank: #12275

Category grades

Amenities F Commute F Cost of living A+ Crime D Employment F Housing A+ Health & safety B+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: West Pensacola, FL
• County: Escambia County · 301,722 people
• Metro: Pensacola-Ferry Pass-Brent, FL
• Population (ZIP): 32,226
• Household income: $73,540
• Rent vs Own: 34.6% rent · 65.4% own
• Severe rent burden: 1175.0

Population outlook (Escambia County) Hauer SSP2

• Today (2025): 334,637 people
• By 2030: 345,779 · +3.3%
• By 2040: 364,828 · +9.0%
• By 2050: 378,514 · +13.1%
• By 2075: 403,220 · +20.5%
• By 2100: 386,125 · +15.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (73%)
• Race & ethnicity: White 73% Black 10% Two or more races 10% Hispanic / Latino 7% Asian 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Slovak 3% Lithuanian 2% Romanian 2%
• Foreign-born: 5% · Canada, Vietnam
• Languages at home: 92% English-only · Spanish 4% Other Asian/Pacific 1% French/Haitian/Cajun 1%

Political lean MEDSL · Escambia

• 2024 margin: R (+19.5) · D 39.7% · R 59.2% · Other 1.1%
• 2008→2024 swing: -0.2pp no change · 2008: -19.3pp · 2024: -19.5pp
• All cycles: 2024: R+19.5 2020: R+15.1 2016: R+20.6 2012: R+20.6 2008: R+19.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -26.23%
• Current HPI: 548.03
• Rent YoY: ▲ 1.22%
• Metro: Pensacola-Ferry Pass-Brent, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+323.2% since first listed

10 events — show timeline

• 2026-06-01 Pending — PARMLS
• 2026-05-26 Price Changed $135,000 PARMLS
• 2026-05-19 Price Changed $139,900 PARMLS
• 2026-05-16 Price Changed $144,000 PARMLS
• 2026-05-09 Price Changed $149,900 PARMLS
• 2026-05-06 Listed $155,000 PARMLS
• 1999-09-02 Sold (Public Records) $48,000 Public Records
• 1999-05-05 Sold (Public Records) $30,200 Public Records
• 1998-08-01 Sold (Public Records) $30,200 Public Records
• 1993-10-26 Sold (Public Records) $31,900 Public Records

Property tax history

+6.1%/yr

Latest (2025): $1,430 · +20.7% YoY. Source: county tax records.