4062 Pendragon Cir · Pea Ridge, FL
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
Risk factors via First Street. Map © Google.
Why this score? — see what drove the F 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 +10.9/30.0
- Schools +5.3/10.0
- Rent growth +3.6/5.0
- Livability +3.5/5.0
- DSCR +3.2/10.0
- 1% rule +2.5/10.0
- Condition / age +2.5/5.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$268,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
MOVE-IN READY townhome at Lancelot! Introducing the Palm plan, a fantastic layout with 3 bedrooms and 2.5 baths. Its fabulous open design is tailor-made for both entertaining and everyday living, ensuring a seamless blend of style and functionality. The kitchen is a dream, featuring quartz countertops, a spacious breakfast bar, pantry, and stainless-steel appliances. Bedroom 1 boasts a generous walk-in closet and an adjoining bath with a vanity, large shower, and linen closet. These townhomes are not only stylish but also equipped with fabric hurricane window and door protection, ensuring your safety. Plus, this Town Home includes a Smart Home Technology package. Homeowners will enjoy access to the community playground, providing endless fun for kids. With its prime location near excellent schools, shopping destinations, dining options, and NAS Whiting Field, this location is unbeatable.
Key facts
- Upgraded appliances
- Freshly repainted
- $38 HOA
Tags
Property features AI
Finance
- Other: Homestead eligible
- HOA & community: Homeowners association with an annual fee of $450
Exterior
- Parking: Attached 2-car garage; Two covered parking spaces (total 2 spaces)
- Utilities: Public sewer; Circuit breaker electrical service
- Home design: Attached property (townhome-style); Two-story home; Resale but considered new construction updates
- Construction: Frame construction; Slab foundation; Shingle roof; Building area approximately 1,537 square feet
- Exterior features: Corner lot; County-maintained road access
Interior
- Kitchen: All appliances upgraded within the last year; Eat-in kitchen / living-dining combo
- Bedrooms: Primary bedroom on the first floor (approx. 12' x 16')
- Flooring: Carpet; Luxury vinyl plank installed in updated bathroom(s)
- Bathrooms: Two full bathrooms; One half bathroom; Bathrooms upgraded within the last year; LVP flooring and fresh paint
- Heating & cooling: Central heating; Central air conditioning
- Interior features: Remodeled bathrooms with upgraded lighting and mirrors; Updated kitchen; Insulated walls
- Laundry & utility: Electric water heater
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/3.0-bath townhouse listed at $269k.
Deal economics
- At list price, monthly cash flow is $-120 ($-1k/yr) — negative.
- To cash-flow at today's rent, offer at most $248k (7.9% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $203k (24.6% below list).
- Recommended offer: $203k (24.6% below list) — sets the bar for 1% rule.
- Cap rate 5.8% vs local median 4.5% in Pea Ridge — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.
Location & tenants
- Location reads 69/100 on livability (#459 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: schools D-, amenities F, commute F.
- Santa Rosa (suburban): math 63% / reading 60% proficiency, ranked #8 of 73 in FL (top 11%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Market conditions: Rents rising fast (+4.5%/yr); 806 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,983 units permitted in Santa Rosa County in 2024 (128 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
- Santa Rosa County population projected at +31% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 66 days — a 6% lower offer ($253k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts since 3y 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.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 66 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- 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.
- 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.
- 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
- 0.75% ✗
- Cap rate
- 5.76%
- Cash-on-cash
- -1.91%
- DSCR
- 0.92
- GRM
- 11.1
CMA / ARV
- ARV (on-the-fly)
- $227,544
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 4059 Pendragon Cir | 0.03mi | 3/2.5 | 1,537 (+3%) | 2mo | $232,900 | $152 | 91 |
| 4051 Pendragon Cir | 0.03mi | 3/2.5 | 1,537 (+3%) | 2mo | $230,000 | $150 | 91 |
| 4063 Pendragon Cir | 0.03mi | 3/2.5 | 1,537 (+3%) | 3mo | $232,900 | $152 | 90 |
| 4055 Pendragon Cir | 0.03mi | 3/2.5 | 1,537 (+3%) | 3mo | $234,900 | $153 | 90 |
| 4067 Pendragon Cir | 0.03mi | 3/2.5 | 1,553 (+4%) | 3mo | $245,000 | $158 | 88 |
| 4036 Pendragon Cir | 0.03mi | 3/2.5 | 1,553 (+4%) | 3mo | $250,000 | $161 | 88 |
| 4047 Pendragon Cir | 0.03mi | 3/2.5 | 1,553 (+4%) | 3mo | $249,900 | $161 | 88 |
| 3988 Pendragon Cir | 0.08mi | 3/2.5 | 1,537 (+3%) | 4mo | $232,900 | $152 | 86 |
| 3992 Pendragon Cir | 0.07mi | 3/2.5 | 1,537 (+3%) | 4mo | $224,900 | $146 | 86 |
| 3996 Pendragon Cir | 0.07mi | 3/2.5 | 1,537 (+3%) | 5mo | $234,900 | $153 | 86 |
| 3984 Pendragon Cir | 0.08mi | 3/2.5 | 1,537 (+3%) | 4mo | $229,900 | $150 | 86 |
| 3973 Pendragon Cir | 0.10mi | 3/2.5 | 1,553 (+4%) | 4mo | $222,900 | $144 | 84 |
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 · 4.53% rent growth · sell at horizon
- IRR
- -17.9%
- Equity multiple
- 0.36×
- Total profit
- $-48,080
- Equity at exit
- $40,094
- IRR
- -7.6%
- Equity multiple
- 0.49×
- Total profit
- $-38,485
- Equity at exit
- $23,250
Cash invested: $75,292 (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
ZIP-level market 32583
- Home prices YoY
- -11.3%
- Rents YoY
- 4.5%
- Active inventory
- 806
- Price-to-rent
- 11.1×
Monthly cashflow live
- Estimated rent
- $2,027 high interval (Pro) →
- Mortgage (P&I)
- −$1,410
- Tax from tax record
- −$161 /mo · $1,933/yr
- Insurance
- −$112
- HOA
- −$38
- Vacancy / Maint / Mgmt
- −$426
- Net cashflow
- $-120
Break-even live
Sensitivity live
| Price | -10% $33 | -5% $-44 | +0% $-120 | +5% $-196 | +10% $-272 |
|---|---|---|---|---|---|
| Rent | -10% $-280 | -5% $-200 | +0% $-120 | +5% $-40 | +10% $40 |
| Rate | -1.0pp $16 | -0.5pp $-51 | base $-120 | +0.5pp $-189 | +1.0pp $-260 |
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
- $67,225
- Closing costs
- $8,067
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 18 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 4067 Pendragon Cir Milton, FL | 3.0 | 2.5 | 1537 | $1,800 | $1.17 | 14d | 1 | 0.05mi |
| 4051 Pendragon Cir Milton, FL | 3.0 | 2.5 | 1530 | $1,800 | $1.18 | 14d | 1 | 0.06mi |
| 4167 Pendragon Cir Milton, FL | 3.0 | 2.5 | 1553 | $1,800 | $1.16 | 14d | 1 | 0.06mi |
| 3863 Pendragon Cir , FL | 3.0 | 2.5 | 1579 | $2,500 | $1.58 | 24d | 1 | 0.07mi |
| 4185 Pendragon Cir Unit Alisha walker Milton, FL | 3.0 | 2.5 | 1553 | $1,800 | $1.16 | 14d | 1 | 0.08mi |
| 3984 Pendragon Cir Unit 1 Milton, FL | 3.0 | 2.5 | 1537 | $1,800 | $1.17 | 22d | 1 | 0.09mi |
| 5621 Fulcina Ct Milton, FL | 3.0 | 2.0 | 1585 | $1,900 | $1.20 | 24d | 1 | 0.28mi |
| 5320 Cornwall Dr Milton, FL | 3.0 | 2.0 | 1703 | $2,200 | $1.29 | 14d | 1 | 0.37mi |
| 5604 Shooting Star Ct Milton, FL | 3.0 | 2.0 | 1324 | $2,300 | $1.74 | 14d | 1 | 0.41mi |
| 5625 Shooting Star Ct Milton, FL | 3.0 | 2.0 | 1655 | $1,950 | $1.18 | 22d | 1 | 0.46mi |
| 4413 Oak Vista Ln Milton, FL | 1.0–3.0 | 1.0–2.0 | 992 | $2,354 | $2.37 | 14d | 18 | 1.10mi |
| 5061 Peach Dr Milton, FL | 3.0 | 2.5 | 1581 | $1,850 | $1.17 | 24d | 1 | 1.14mi |
| 4836 Covenant Cir Milton, FL | 3.0 | 2.0 | 1590 | $1,875 | $1.18 | 14d | 1 | 1.27mi |
| 5093 Carley Ct Milton, FL | 3.0 | 2.0 | 1657 | $1,950 | $1.18 | 14d | 1 | 1.31mi |
| 5157 Peach Dr Milton, FL | 3.0 | 2.0 | 1788 | $2,100 | $1.17 | 14d | 1 | 1.35mi |
| 3210 Electra Dr Milton, FL | 3.0 | 2.0 | 1543 | $2,000 | $1.30 | 14d | 1 | 1.41mi |
| 5574 Peach Dr Milton, FL | 3.0 | 2.0 | 1475 | $1,900 | $1.29 | 24d | 1 | 1.48mi |
| 4383 Winged Elm Ct Milton, FL | 4.0 | 2.0 | 1787 | $2,050 | $1.15 | 24d | 1 | 1.50mi |
HOA detail
- Monthly dues
- $38 · $456/yr
Listing history 26 events
-
2026-06-18days on market $268,900 Active 66 DOM
-
2026-06-17days on market $268,900 Active 65 DOM
-
2026-06-16days on market $268,900 Active 64 DOM
-
2026-06-15days on market $268,900 Active 63 DOM
-
2026-06-14days on market $268,900 Active 61 DOM
-
2026-06-10days on market $268,900 Active 58 DOM
-
2026-06-09days on market $268,900 Active 57 DOM
-
2026-06-08days on market $268,900 Active 56 DOM
-
2026-06-07days on market $268,900 Active 55 DOM
-
2026-06-05days on market $268,900 Active 52 DOM
-
2026-06-03days on market $268,900 Active 51 DOM
-
2026-06-02days on market $268,900 Active 50 DOM
-
2026-06-01days on market $268,900 Active 49 DOM
-
2026-05-31days on market $268,900 Active 48 DOM
-
2026-05-31days on market $268,900 Active 47 DOM
-
2026-04-13$268,900 Active
-
2024-07-26soldstatus $249,900 Sold 900-char remark
Show marketing remark (900 chars)
MOVE-IN READY townhome at Lancelot! Introducing the Palm plan, a fantastic layout with 3 bedrooms and 2.5 baths. Its fabulous open design is tailor-made for both entertaining and everyday living, ensuring a seamless blend of style and functionality. The kitchen is a dream, featuring quartz countertops, a spacious breakfast bar, pantry, and stainless-steel appliances. Bedroom 1 boasts a generous walk-in closet and an adjoining bath with a vanity, large shower, and linen closet. These townhomes are not only stylish but also equipped with fabric hurricane window and door protection, ensuring your safety. Plus, this Town Home includes a Smart Home Technology package. Homeowners will enjoy access to the community playground, providing endless fun for kids. With its prime location near excellent schools, shopping destinations, dining options, and NAS Whiting Field, this location is unbeatable.
-
2024-05-24status Pending 900-char remark
Show marketing remark (900 chars)
MOVE-IN READY townhome at Lancelot! Introducing the Palm plan, a fantastic layout with 3 bedrooms and 2.5 baths. Its fabulous open design is tailor-made for both entertaining and everyday living, ensuring a seamless blend of style and functionality. The kitchen is a dream, featuring quartz countertops, a spacious breakfast bar, pantry, and stainless-steel appliances. Bedroom 1 boasts a generous walk-in closet and an adjoining bath with a vanity, large shower, and linen closet. These townhomes are not only stylish but also equipped with fabric hurricane window and door protection, ensuring your safety. Plus, this Town Home includes a Smart Home Technology package. Homeowners will enjoy access to the community playground, providing endless fun for kids. With its prime location near excellent schools, shopping destinations, dining options, and NAS Whiting Field, this location is unbeatable.
-
2024-05-08price $264,900 900-char remark
Show marketing remark (900 chars)
MOVE-IN READY townhome at Lancelot! Introducing the Palm plan, a fantastic layout with 3 bedrooms and 2.5 baths. Its fabulous open design is tailor-made for both entertaining and everyday living, ensuring a seamless blend of style and functionality. The kitchen is a dream, featuring quartz countertops, a spacious breakfast bar, pantry, and stainless-steel appliances. Bedroom 1 boasts a generous walk-in closet and an adjoining bath with a vanity, large shower, and linen closet. These townhomes are not only stylish but also equipped with fabric hurricane window and door protection, ensuring your safety. Plus, this Town Home includes a Smart Home Technology package. Homeowners will enjoy access to the community playground, providing endless fun for kids. With its prime location near excellent schools, shopping destinations, dining options, and NAS Whiting Field, this location is unbeatable.
-
2024-05-03price $274,900 900-char remark
Show marketing remark (900 chars)
MOVE-IN READY townhome at Lancelot! Introducing the Palm plan, a fantastic layout with 3 bedrooms and 2.5 baths. Its fabulous open design is tailor-made for both entertaining and everyday living, ensuring a seamless blend of style and functionality. The kitchen is a dream, featuring quartz countertops, a spacious breakfast bar, pantry, and stainless-steel appliances. Bedroom 1 boasts a generous walk-in closet and an adjoining bath with a vanity, large shower, and linen closet. These townhomes are not only stylish but also equipped with fabric hurricane window and door protection, ensuring your safety. Plus, this Town Home includes a Smart Home Technology package. Homeowners will enjoy access to the community playground, providing endless fun for kids. With its prime location near excellent schools, shopping destinations, dining options, and NAS Whiting Field, this location is unbeatable.
-
2024-04-25price $279,900 900-char remark
Show marketing remark (900 chars)
MOVE-IN READY townhome at Lancelot! Introducing the Palm plan, a fantastic layout with 3 bedrooms and 2.5 baths. Its fabulous open design is tailor-made for both entertaining and everyday living, ensuring a seamless blend of style and functionality. The kitchen is a dream, featuring quartz countertops, a spacious breakfast bar, pantry, and stainless-steel appliances. Bedroom 1 boasts a generous walk-in closet and an adjoining bath with a vanity, large shower, and linen closet. These townhomes are not only stylish but also equipped with fabric hurricane window and door protection, ensuring your safety. Plus, this Town Home includes a Smart Home Technology package. Homeowners will enjoy access to the community playground, providing endless fun for kids. With its prime location near excellent schools, shopping destinations, dining options, and NAS Whiting Field, this location is unbeatable.
-
2024-04-10price $289,900 900-char remark
Show marketing remark (900 chars)
MOVE-IN READY townhome at Lancelot! Introducing the Palm plan, a fantastic layout with 3 bedrooms and 2.5 baths. Its fabulous open design is tailor-made for both entertaining and everyday living, ensuring a seamless blend of style and functionality. The kitchen is a dream, featuring quartz countertops, a spacious breakfast bar, pantry, and stainless-steel appliances. Bedroom 1 boasts a generous walk-in closet and an adjoining bath with a vanity, large shower, and linen closet. These townhomes are not only stylish but also equipped with fabric hurricane window and door protection, ensuring your safety. Plus, this Town Home includes a Smart Home Technology package. Homeowners will enjoy access to the community playground, providing endless fun for kids. With its prime location near excellent schools, shopping destinations, dining options, and NAS Whiting Field, this location is unbeatable.
-
2024-03-21price $294,900 900-char remark
Show marketing remark (900 chars)
MOVE-IN READY townhome at Lancelot! Introducing the Palm plan, a fantastic layout with 3 bedrooms and 2.5 baths. Its fabulous open design is tailor-made for both entertaining and everyday living, ensuring a seamless blend of style and functionality. The kitchen is a dream, featuring quartz countertops, a spacious breakfast bar, pantry, and stainless-steel appliances. Bedroom 1 boasts a generous walk-in closet and an adjoining bath with a vanity, large shower, and linen closet. These townhomes are not only stylish but also equipped with fabric hurricane window and door protection, ensuring your safety. Plus, this Town Home includes a Smart Home Technology package. Homeowners will enjoy access to the community playground, providing endless fun for kids. With its prime location near excellent schools, shopping destinations, dining options, and NAS Whiting Field, this location is unbeatable.
-
2024-03-18price $299,900 900-char remark
Show marketing remark (900 chars)
MOVE-IN READY townhome at Lancelot! Introducing the Palm plan, a fantastic layout with 3 bedrooms and 2.5 baths. Its fabulous open design is tailor-made for both entertaining and everyday living, ensuring a seamless blend of style and functionality. The kitchen is a dream, featuring quartz countertops, a spacious breakfast bar, pantry, and stainless-steel appliances. Bedroom 1 boasts a generous walk-in closet and an adjoining bath with a vanity, large shower, and linen closet. These townhomes are not only stylish but also equipped with fabric hurricane window and door protection, ensuring your safety. Plus, this Town Home includes a Smart Home Technology package. Homeowners will enjoy access to the community playground, providing endless fun for kids. With its prime location near excellent schools, shopping destinations, dining options, and NAS Whiting Field, this location is unbeatable.
-
2024-03-05price $312,900 900-char remark
Show marketing remark (900 chars)
MOVE-IN READY townhome at Lancelot! Introducing the Palm plan, a fantastic layout with 3 bedrooms and 2.5 baths. Its fabulous open design is tailor-made for both entertaining and everyday living, ensuring a seamless blend of style and functionality. The kitchen is a dream, featuring quartz countertops, a spacious breakfast bar, pantry, and stainless-steel appliances. Bedroom 1 boasts a generous walk-in closet and an adjoining bath with a vanity, large shower, and linen closet. These townhomes are not only stylish but also equipped with fabric hurricane window and door protection, ensuring your safety. Plus, this Town Home includes a Smart Home Technology package. Homeowners will enjoy access to the community playground, providing endless fun for kids. With its prime location near excellent schools, shopping destinations, dining options, and NAS Whiting Field, this location is unbeatable.
-
2023-12-20$309,900 Active 900-char remark
Show marketing remark (900 chars)
MOVE-IN READY townhome at Lancelot! Introducing the Palm plan, a fantastic layout with 3 bedrooms and 2.5 baths. Its fabulous open design is tailor-made for both entertaining and everyday living, ensuring a seamless blend of style and functionality. The kitchen is a dream, featuring quartz countertops, a spacious breakfast bar, pantry, and stainless-steel appliances. Bedroom 1 boasts a generous walk-in closet and an adjoining bath with a vanity, large shower, and linen closet. These townhomes are not only stylish but also equipped with fabric hurricane window and door protection, ensuring your safety. Plus, this Town Home includes a Smart Home Technology package. Homeowners will enjoy access to the community playground, providing endless fun for kids. With its prime location near excellent schools, shopping destinations, dining options, and NAS Whiting Field, this location is unbeatable.
ⓘ 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
- $1,933 · $161/mo
- Projected year-2 tax
- $2,232 · $186/mo
- Expected delta
- +$298/yr (+$25/mo · 15.4%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $24,329
- − Mortgage interest
- −$15,063
- − Property taxes
- −$1,933
- − Insurance
- −$1,344
- − Repairs & maintenance
- −$1,946
- − Management
- −$1,946
- − HOA
- −$456
- − Depreciation
- −$7,823
- Taxable loss
- −$6,183
- Est. tax savings @ 24.0%
- +$1,484
- After-tax cash flow
- $48/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
- Santa Rosa
- NCES district ID
- 1201650
- Math proficiency
- 63% ▼ -6.00%
- Reading proficiency
- 60% ▼ -5.00%
- Median HH income
- $58,161
- Composite
- 53.12/100
- National rank
- #1511
- State rank
- #8 of 73 in FL
Livability — Pea Ridge
- Score
- 69/100
- State rank
- #459
- US rank
- #8316
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Santa Rosa County · 194,764 people
- Metro
- Pensacola-Ferry Pass-Brent, FL
- Population (ZIP)
- 31,828
- Household income
- $85,440
- Rent vs Own
- Severe rent burden
- 122.0
Population outlook (Santa Rosa County) Hauer SSP2
- Today (2025)
- 195,978 people
- By 2030
- 209,782 · +7.0%
- By 2040
- 235,293 · +20.1%
- By 2050
- 256,408 · +30.8%
- By 2075
- 298,074 · +52.1%
- By 2100
- 303,216 · +54.7%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (74%)
- Race & ethnicity
- White 74% Black 11% Two or more races 10% Hispanic / Latino 6% Asian 1%
- Hispanic origin (detail)
- Mexican 3% Puerto Rican 2% Cuban 1%
- Common ancestry
- Italian 3% Slovak 2% Serbian 2%
- Foreign-born
- 3% · Canada
- Languages at home
- 94% English-only · Spanish 3%
Political lean MEDSL · Santa Rosa
- 2024 margin
- Solid R (+51.0) · D 24.1% · R 75.0%
- 2008→2024 swing
- -3.0pp toward R · 2008: -47.9pp · 2024: -51.0pp
- All cycles
- 2024: R+51.0 2020: R+46.5 2016: R+53.5 2012: R+52.6 2008: R+47.9
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -38.35%
- Current HPI
- 301.8819
- Rent YoY
- ▲ 4.53%
- 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
-13.2% since first listed11 events — show timeline
- 2026-04-13 Listed $268,900 PARMLS
- 2024-07-26 Sold (MLS) $249,900 PARMLS
- 2024-05-24 Pending — PARMLS
- 2024-05-08 Price Changed $264,900 PARMLS
- 2024-05-03 Price Changed $274,900 PARMLS
- 2024-04-25 Price Changed $279,900 PARMLS
- 2024-04-10 Price Changed $289,900 PARMLS
- 2024-03-21 Price Changed $294,900 PARMLS
- 2024-03-18 Price Changed $299,900 PARMLS
- 2024-03-05 Price Changed $312,900 PARMLS
- 2023-12-20 Listed $309,900 PARMLS
Property tax history
+491.8%/yrLatest (2025): $1,933 · +491.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…