1014 W Lloyd St · Pensacola, FL 32501

$175,000

3 bd · 1.0 ba · 1,312 sqft · SingleFamily public records · 45 Days on market

Built 1976 6,272 sqft lot Est $257k · 32% under

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Why this score? — see what drove the B- 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 +24.9/30.0
• ARV discount +15.0/15.0
• DSCR +8.1/10.0
• 1% rule +6.2/10.0
• Livability +4.2/5.0
• Rent growth +3.9/5.0
• Schools +3.6/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Get in before the market goes crazy in this area. Located just out of North Hill and just south of the old Baptist Hospital. This area has been growing and growing. This allows you to get into a fast-growing area for under market value. This 3-bedroom 2-bath home sits on a nice-sized lot and is minutes to downtown, shopping, the airport, many restaurants, and much more. The house is tenant-occupied and has a current lease in place, but it includes a clause to vacate if needed. Add this to your rental portfolio or make it your primary residence.

Key facts

• Nice size lot
• Tenant occupied
• Minutes to downtown

Tags

• NICE SIZE LOT
• MINUTES TO DOWNTOWN
• TENANT OCCUPIED
• CURRENT LEASE IN PLACE

🏷️ Possibly a rental listed for sale. The $175,000 price doesn't fit this home's estimated sale value (~$257,152) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $377 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $175k).
• Recommended offer: $170k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.9% vs local median 3.6% in Pensacola — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 83/100 on livability (#53 in FL, #924 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+.
• 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 fast (+5.4%/yr); 127 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 1,479 units permitted in Escambia County in 2024 (0 in 5+ unit buildings).
• At $1,965/mo this rent would consume 53% of the median local household income ($44k/yr) (locally 816% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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.
• At projected returns (-3.0% appreciation + 5.4% rent growth), your $49k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 45 days — a 3% lower offer ($170k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 11y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $169,750 (3.0% below list)

Questions for the listing agent

1. It's been on market 45 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1976 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 1.12% ✓
• Cap rate: 8.88%
• Cash-on-cash: 9.23%
• DSCR: 1.41
• GRM: 7.4

CMA / ARV

• ARV (on-the-fly): $257,152
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1105 W Gonzales St	0.20mi	4/2.0 (+1)	1,294 (-1%)	1mo	$180,000	$139	79
1000 W Lee St	0.08mi	2/2.0 (-1)	1,402 (+7%)	1mo	$245,000	$175	75
919 & 917 W Lloyd St	0.09mi	3/3.0	1,214 (-8%)	3mo	$399,000	$329	73
631 W Avery St	0.43mi	2/2.0 (-1)	1,373 (+5%)	1mo	$315,000	$229	62
120 W Lakeview Ave	0.68mi	3/1.0	1,330 (+1%)	4mo	$290,000	$218	62
812 N D St	0.39mi	3/1.0	1,160 (-12%)	3mo	$75,000	$65	60
631 W Jordan St	0.59mi	3/2.0	1,408 (+7%)	2mo	$170,500	$121	54
620 W Hernandez	0.56mi	3/1.0	1,180 (-10%)	3mo	$150,000	$127	54
621 W Hernandez St	0.54mi	4/1.0 (+1)	1,200 (-8%)	2mo	$90,000	$75	53
422 W De Soto St	0.52mi	2/2.0 (-1)	1,440 (+10%)	4mo	$331,000	$230	47
2363 N F St	0.72mi	3/2.0	1,196 (-9%)	1mo	$235,000	$196	47
724 N Coyle St	0.59mi	3/2.0	1,501 (+14%)	4mo	$300,000	$200	41

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 · 5.4% rent growth · sell at horizon

5-year hold

• IRR: 0.3%
• Equity multiple: 1.01×
• Total profit: $525
• Equity at exit: $26,093

10-year hold

• IRR: 12.2%
• Equity multiple: 2.07×
• Total profit: $52,356
• Equity at exit: $15,131

Cash invested: $49,000 (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 32501

• Rents YoY: 5.4%
• Active inventory: 127
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,965 high
• Mortgage (P&I): −$918
• Tax from tax record: −$184 /mo · $2,214/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$413
• Net cashflow: $377

Break-even live

Break-even rent $1,488

Max offer price $175,000

Occupancy floor 76%

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 30 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1215 N C St Pensacola, FL	3.0	1.0	1203	$1,775	$1.48	13d	1	0.27mi
1010 N D St Pensacola, FL	2.0	2.0	1196	$1,850	$1.55	23d	1	0.31mi
814 N E St Pensacola, FL	3.0	2.0	1440	$1,695	$1.18	23d	1	0.38mi
811 N D St Pensacola, FL	2.0	2.0	1035	$1,395	$1.35	23d	1	0.40mi
1717 W Cervantes St Pensacola, FL	2.0	2.0	974	$1,169	$1.20	13d	3	0.52mi
721 W Jordan St Pensacola, FL	3.0	2.0	1030	$1,895	$1.84	23d	1	0.57mi
615 N A St Pensacola, FL	3.0	2.0	1122	$1,900	$1.69	13d	1	0.62mi
407 W Jordan St Unit NA Pensacola, FL	3.0	2.0	1300	$2,200	$1.69	23d	1	0.63mi
411 N D St Pensacola, FL	4.0	2.0	1511	$2,175	$1.44	23d	1	0.66mi
418 N C St Pensacola, FL	3.0	2.0	1017	$2,775	$2.73	13d	1	0.68mi
410 N C St Unit 1367374P Pensacola, FL	3.0	2.0	1291	$3,313	$2.57	13d	1	0.69mi
2303 W Brainerd St Pensacola, FL	2.0	1.0	955	$1,100	$1.15	23d	1	0.70mi
1804 W Belmont St Unit A Pensacola, FL	3.0	1.0	925	$995	$1.08	21d	1	0.74mi
239 N K St Pensacola, FL	3.0	2.0	1392	$1,950	$1.40	23d	1	0.83mi
309 N Pace Blvd Unit B Pensacola, FL	3.0	2.0	1342	$1,650	$1.23	23d	1	0.89mi
214 W La Rua St Pensacola, FL	2.0	2.5	1600	$2,800	$1.75	13d	1	0.90mi
2108 W Bobe St Pensacola, FL	4.0	2.0	1752	$2,100	$1.20	23d	1	0.90mi
315 N Pace Blvd Unit A Pensacola, FL	3.0	2.0	1342	$1,850	$1.38	23d	1	0.90mi
315 N Pace Blvd Unit b Pensacola, FL	3.0	2.0	1342	$1,650	$1.23	23d	1	0.90mi
504 N Spring St Unit B Pensacola, FL	3.0	1.5	1485	$1,995	$1.34	23d	1	0.93mi
218 Junction Ave Pensacola, FL	2.0	2.5	1295	$2,400	$1.85	23d	1	0.97mi
2802 W Gonzalez St Pensacola, FL	3.0	2.0	1824	$1,600	$0.88	23d	1	1.04mi
106 S G St Pensacola, FL	3.0	2.0	1300	$2,200	$1.69	23d	1	1.07mi
220 W Chase St Pensacola, FL	2.0	1.0	648	$1,241	$1.92	23d	1	1.11mi
1011 Doctor M.L.K. Jr Dr Unit B Pensacola, FL	2.0	1.0	877	$1,200	$1.37	23d	1	1.15mi
422 N Davis Hwy Pensacola, FL	2.0	1.5	941	$2,100	$2.23	23d	1	1.38mi
801 E Gonzalez St Pensacola, FL	3.0	2.0	1200	$2,200	$1.83	13d	1	1.40mi
379 S Clubbs St Unit A Pensacola, FL	2.0	2.0	1190	$2,400	$2.02	23d	1	1.40mi
511 E La Rua St Pensacola, FL	3.0	1.0	1128	$1,475	$1.31	13d	1	1.41mi
2008 N 8th Ave Pensacola, FL	3.0	2.0	1058	$1,250	$1.18	13d	1	1.42mi

Listing history 5 events

1. 2026-04-03
   status Pending
2. 2026-02-17
   listed $175,000 Active
3. 2016-04-13
   listed $35,000
4. 2015-11-03
   historical
5. 2015-04-28
   listed $40,000

ⓘ 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: $2,214 · $184/mo
• Projected year-2 tax: $2,214 · $184/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 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥105°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,578
• − Mortgage interest: −$9,803
• − Property taxes: −$2,214
• − Insurance: −$875
• − Repairs & maintenance: −$1,886
• − Management: −$1,886
• − Depreciation: −$5,091
• Taxable income: $1,823
• Est. tax owed @ 24.0%: −$437
• After-tax cash flow: $4,087/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 — Pensacola

• Score: 83/100
• State rank: #53
• US rank: #924

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pensacola, FL
• County: Escambia County · 301,722 people
• City population: 237,636
• Metro: Pensacola-Ferry Pass-Brent, FL
• Population (ZIP): 11,036
• Household income: $44,139
• Rent vs Own: 49.0% rent · 51.0% own
• Severe rent burden: 816.0

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: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: Black 45% White 42% Two or more races 8% Hispanic / Latino 5%
• Common ancestry: Subsaharan African 2% Italian 2% Slovak 2%
• Foreign-born: 2% · Canada, Vietnam
• Languages at home: 97% English-only · Spanish 2%

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: ▼ -210.53%
• Current HPI: 273.0151
• Rent YoY: ▲ 5.40%
• 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

+337.5% since first listed

5 events — show timeline

• 2026-04-03 Pending — PARMLS
• 2026-02-17 Listed $175,000 PARMLS
• 2016-04-13 Listed $35,000 PARMLS
• 2015-11-03 Listing Removed — PARMLS
• 2015-04-28 Listed $40,000 PARMLS

Property tax history

+7.9%/yr

Latest (2025): $2,214 · +10.9% YoY. Source: county tax records.