825 Booker Ave · Gonzalez, FL 32533

$124,990

3 bd · 1.0 ba · 874 sqft · SingleFamily public records · 191 Days on market

Built 1978 0.28 ac lot $143/sqft · 55% above area

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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 +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +9.1/10.0
• ARV discount +7.5/15.0
• Schools +3.6/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Wonderful 3 bedroom/ 1 bathroom home with an updated interior and additional storage shed in the backyard- all situated on OVER A QUARTER ACRE of land- fully-fenced in with chain-link fencing. Walk up the steps onto the wooden front porch and through the front door into the living/dining area. All new luxury vinyl flooring throughout, new interior paint, new ceiling fans. The updated kitchen features plenty of refinished cabinets and extra pantry space plus newer appliances. The spacious blank-slate backyard with a covered patio is ready for personal touches! BRAND NEW 2025 ROOF!! New water heater. 2015 HVAC recently serviced. Schedule a showing now!

Key facts

• Wooden front porch
• Updated interior
• New interior paint

Tags

• UPDATED INTERIOR
• ADDITIONAL STORAGE SHED
• FULLY-FENCED
• WOODEN FRONT PORCH
• LUXURY VINYL FLOORING
• NEW INTERIOR PAINT

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $643 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $125k).
• Recommended offer: $110k (12.0% below list) — sets the bar for market timing.
• Cap rate 12.5% vs local median 4.2% in Gonzalez — 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 71/100 on livability (#385 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment A; Watch: amenities F, commute F, health & safety 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: 513 active listings in the ZIP; solid renter incomes; 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 $864 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $35k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 191 days — a 12% lower offer ($110k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask is 9159% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $62k; list at $125k implies a 102% gain — meaningful room to come down on a strong offer.

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 $109,991 (12.0% below list)

Questions for the listing agent

1. It's been on market 191 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.41% ✓
• Cap rate: 12.47%
• Cash-on-cash: 22.06%
• DSCR: 1.98
• GRM: 5.9

CMA / ARV

• ARV (median comp): $80,650
• List price: $124,990
• Delta: 54.98%
• Verdict: OVERPRICED
• Comps: 12 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
107 Sheppard St	0.17mi	3/1.0	888 (+2%)	1mo	$60,000	$68	89
108 Griggs St	0.52mi	3/1.0	816 (-7%)	21mo	$75,000	$92	47
200 Rocky Ave	0.70mi	2/1.0 (-1)	864 (-1%)	18mo	$154,000	$178	46

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 14.7%
• Equity multiple: 1.59×
• Total profit: $20,676
• Equity at exit: $18,636

10-year hold

• IRR: 23.5%
• Equity multiple: 3.02×
• Total profit: $70,594
• Equity at exit: $10,807

Cash invested: $34,997 (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 32533

• Home prices YoY: -14.6%
• Active inventory: 513
• Price-to-rent: 5.9×

Monthly cashflow live

• Estimated rent: $1,768 medium
• Mortgage (P&I): −$655
• Tax from tax record: −$46 /mo · $546/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$371
• Net cashflow: $643

Break-even live

Break-even rent $953

Max offer price $124,990

Occupancy floor 59%

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: $31,248
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-18
   days on market $124,990 Active 191 DOM
2. 2026-06-17
   days on market $124,990 Active 190 DOM
3. 2026-06-16
   days on market $124,990 Active 189 DOM
4. 2026-06-15
   days on market $124,990 Active 188 DOM
5. 2026-06-14
   statusdays on market $124,990 Active 186 DOM
6. 2026-06-07
   statusdays on market $124,990 Pending 185 DOM
7. 2026-06-03
   days on market $124,990 Active 182 DOM
8. 2026-06-03
   price $124,990 Active 181 DOM
9. 2026-06-02
   days on market $129,990 Active 181 DOM
10. 2026-06-01
    days on market $129,990 Active 180 DOM
11. 2026-05-31
    days on market $129,990 Active 179 DOM
12. 2026-05-31
    days on market $129,990 Active 178 DOM
13. 2026-05-04
    status Active 658-char remark

    Show marketing remark (658 chars)

    Wonderful 3 bedroom/ 1 bathroom home with an updated interior and additional storage shed in the backyard- all situated on OVER A QUARTER ACRE of land- fully-fenced in with chain-link fencing. Walk up the steps onto the wooden front porch and through the front door into the living/dining area. All new luxury vinyl flooring throughout, new interior paint, new ceiling fans. The updated kitchen features plenty of refinished cabinets and extra pantry space plus newer appliances. The spacious blank-slate backyard with a covered patio is ready for personal touches! BRAND NEW 2025 ROOF!! New water heater. 2015 HVAC recently serviced. Schedule a showing now!

14. 2026-04-28
    historical Contingent 658-char remark

    Show marketing remark (658 chars)

    Wonderful 3 bedroom/ 1 bathroom home with an updated interior and additional storage shed in the backyard- all situated on OVER A QUARTER ACRE of land- fully-fenced in with chain-link fencing. Walk up the steps onto the wooden front porch and through the front door into the living/dining area. All new luxury vinyl flooring throughout, new interior paint, new ceiling fans. The updated kitchen features plenty of refinished cabinets and extra pantry space plus newer appliances. The spacious blank-slate backyard with a covered patio is ready for personal touches! BRAND NEW 2025 ROOF!! New water heater. 2015 HVAC recently serviced. Schedule a showing now!

15. 2026-04-21
    price $129,990 658-char remark

    Show marketing remark (658 chars)

    Wonderful 3 bedroom/ 1 bathroom home with an updated interior and additional storage shed in the backyard- all situated on OVER A QUARTER ACRE of land- fully-fenced in with chain-link fencing. Walk up the steps onto the wooden front porch and through the front door into the living/dining area. All new luxury vinyl flooring throughout, new interior paint, new ceiling fans. The updated kitchen features plenty of refinished cabinets and extra pantry space plus newer appliances. The spacious blank-slate backyard with a covered patio is ready for personal touches! BRAND NEW 2025 ROOF!! New water heater. 2015 HVAC recently serviced. Schedule a showing now!

16. 2026-04-02
    price $134,990 658-char remark

    Show marketing remark (658 chars)

    Wonderful 3 bedroom/ 1 bathroom home with an updated interior and additional storage shed in the backyard- all situated on OVER A QUARTER ACRE of land- fully-fenced in with chain-link fencing. Walk up the steps onto the wooden front porch and through the front door into the living/dining area. All new luxury vinyl flooring throughout, new interior paint, new ceiling fans. The updated kitchen features plenty of refinished cabinets and extra pantry space plus newer appliances. The spacious blank-slate backyard with a covered patio is ready for personal touches! BRAND NEW 2025 ROOF!! New water heater. 2015 HVAC recently serviced. Schedule a showing now!

17. 2026-03-19
    listed $1,350
18. 2026-02-10
    price $139,990 658-char remark

    Show marketing remark (658 chars)

    Wonderful 3 bedroom/ 1 bathroom home with an updated interior and additional storage shed in the backyard- all situated on OVER A QUARTER ACRE of land- fully-fenced in with chain-link fencing. Walk up the steps onto the wooden front porch and through the front door into the living/dining area. All new luxury vinyl flooring throughout, new interior paint, new ceiling fans. The updated kitchen features plenty of refinished cabinets and extra pantry space plus newer appliances. The spacious blank-slate backyard with a covered patio is ready for personal touches! BRAND NEW 2025 ROOF!! New water heater. 2015 HVAC recently serviced. Schedule a showing now!

19. 2026-01-23
    price $144,990 658-char remark

    Show marketing remark (658 chars)

    Wonderful 3 bedroom/ 1 bathroom home with an updated interior and additional storage shed in the backyard- all situated on OVER A QUARTER ACRE of land- fully-fenced in with chain-link fencing. Walk up the steps onto the wooden front porch and through the front door into the living/dining area. All new luxury vinyl flooring throughout, new interior paint, new ceiling fans. The updated kitchen features plenty of refinished cabinets and extra pantry space plus newer appliances. The spacious blank-slate backyard with a covered patio is ready for personal touches! BRAND NEW 2025 ROOF!! New water heater. 2015 HVAC recently serviced. Schedule a showing now!

20. 2026-01-05
    price $149,990 658-char remark

    Show marketing remark (658 chars)

    Wonderful 3 bedroom/ 1 bathroom home with an updated interior and additional storage shed in the backyard- all situated on OVER A QUARTER ACRE of land- fully-fenced in with chain-link fencing. Walk up the steps onto the wooden front porch and through the front door into the living/dining area. All new luxury vinyl flooring throughout, new interior paint, new ceiling fans. The updated kitchen features plenty of refinished cabinets and extra pantry space plus newer appliances. The spacious blank-slate backyard with a covered patio is ready for personal touches! BRAND NEW 2025 ROOF!! New water heater. 2015 HVAC recently serviced. Schedule a showing now!

21. 2025-12-03
    listed $159,990 Active 658-char remark

    Show marketing remark (658 chars)

    Wonderful 3 bedroom/ 1 bathroom home with an updated interior and additional storage shed in the backyard- all situated on OVER A QUARTER ACRE of land- fully-fenced in with chain-link fencing. Walk up the steps onto the wooden front porch and through the front door into the living/dining area. All new luxury vinyl flooring throughout, new interior paint, new ceiling fans. The updated kitchen features plenty of refinished cabinets and extra pantry space plus newer appliances. The spacious blank-slate backyard with a covered patio is ready for personal touches! BRAND NEW 2025 ROOF!! New water heater. 2015 HVAC recently serviced. Schedule a showing now!

22. 2025-09-02
    soldstatus $62,000

ⓘ 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: $546 · $46/mo
• Projected year-2 tax: $1,037 · $86/mo
• Expected delta: +$491/yr (+$41/mo · 89.9%)

ⓘ 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 9/10 Extreme 7 d/yr ≥106°F today · 22 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: $21,210
• − Mortgage interest: −$7,001
• − Property taxes: −$546
• − Insurance: −$625
• − Repairs & maintenance: −$1,697
• − Management: −$1,697
• − Depreciation: −$3,636
• Taxable income: $6,008
• Est. tax owed @ 24.0%: −$1,442
• After-tax cash flow: $6,278/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 — Gonzalez

• Score: 71/100
• State rank: #385
• US rank: #6813

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Escambia County · 301,722 people
• Metro: Pensacola-Ferry Pass-Brent, FL
• Population (ZIP): 31,860
• Household income: $86,087
• Rent vs Own: 15.4% rent · 84.6% own
• Severe rent burden: 389.0

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 (74%)
• Race & ethnicity: White 74% Black 12% Two or more races 8% Hispanic / Latino 4% Asian 3%
• Common ancestry: Italian 2% Serbian 2% Lithuanian 2%
• Foreign-born: 3% · Canada, Guatemala, China
• Languages at home: 96% English-only · Spanish 2% Vietnamese 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: ▼ -44.13%
• Current HPI: 259.2605
• Rent YoY: —
• 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

+109.7% since first listed

10 events — show timeline

• 2026-05-04 Relisted — PARMLS
• 2026-04-28 Contingent — PARMLS
• 2026-04-21 Price Changed $129,990 PARMLS
• 2026-04-02 Price Changed $134,990 PARMLS
• 2026-03-19 Listed for Rent $1,350 PARMLS
• 2026-02-10 Price Changed $139,990 PARMLS
• 2026-01-23 Price Changed $144,990 PARMLS
• 2026-01-05 Price Changed $149,990 PARMLS
• 2025-12-03 Listed $159,990 PARMLS
• 2025-09-02 Sold (Public Records) $62,000 Public Records

Property tax history

+18.9%/yr

Latest (2025): $546 · +29.3% YoY. Source: county tax records.