913 W Hernandez St · Pensacola, FL 32501

$259,999

4 bd · 1.0 ba · 1,443 sqft · SingleFamily public records · 10 Days on market

Built 1962 0.30 ac lot Est $277k · 6% under

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Why this score? — see what drove the D+ 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 +13.6/30.0
• ARV discount +10.3/15.0
• Livability +4.2/5.0
• DSCR +4.1/10.0
• Rent growth +3.9/5.0
• Schools +3.6/10.0
• 1% rule +3.2/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Freshly renovated and move-in ready, this beautifully updated 4-bedroom, 2-bathroom home is located just minutes from Downtown Pensacola. The flexible fourth bedroom offers the perfect space for a home office, gym, or guest room to fit your lifestyle needs. Inside, light neutral tones, new windows, baseboards, and sleek fixtures create a bright and welcoming atmosphere throughout. Major system upgrades include a new HVAC system, hot water heater, and updated appliances, providing modern comfort and peace of mind. The split floor plan offers added privacy for bedrooms, while the open-concept kitchen, dining, and living areas create a seamless flow ideal for everyday living and entertaining.

Key facts

• 0.3 acre lot
• Built 1962
• Listed 10 days

Property features AI

Finance

• HOA & community: No association

Exterior

• Parking: Driveway parking; Guest parking / open parking
• Security: Smoke detectors
• Utilities: Public water; Public sewer; Copper wiring; Cable available; Publicly maintained road
• Home design: Single-story detached home; Brick construction; Hip shingle roof; Off-grade foundation
• Construction: Brick exterior
• Exterior features: Rain gutters; Patio and porch; Corner lot

Interior

• Kitchen: Recently remodeled kitchen (within the last year) with new countertops, backsplash, flooring and appliances; Dishwasher; Refrigerator; Electric water heater
• Bedrooms: Primary bedroom on the first floor, approximately 12' x 12'
• Flooring: Tile; Laminate
• Bathrooms: Two full bathrooms; Recently updated — full remodel within the last year (new flooring, tile, vanity, fixtures)
• Heating & cooling: Central heat (heat pump and central system); Central air conditioning; Ceiling fans
• Interior features: Baseboards; Recessed lighting; Bonus room; Game room; Blinds and shutters on windows
• Laundry & utility: Washer/dryer hookups

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $260k.

Deal economics

• At list price, monthly cash flow is $13 ($151/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $214k (17.6% below list).
• Recommended offer: $214k (17.6% below list) — sets the bar for 1% rule.
• Cap rate 6.4% 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.
• Zoned schools: C. A. Weis Elementary School (math 20% / reading 27%, grade F, #2,061 of 2,144 statewide, top 96%, 466 students, 93% FRL); Pensacola High School (math 29% / reading 50%, grade F, #304 of 667 statewide, top 47%, 1,229 students, 55% FRL) — zoned schools average 74% FRL vs 58% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+5.4%/yr); 130 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 $2,143/mo this rent would consume 58% 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 $2k of loan paydown is wiped out by about $8k 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

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 4y 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.
• Current owner paid $132k; list at $260k implies a 96% 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→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $214,332 (17.6% below list)

Questions for the listing agent

1. Built in 1962 — 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. 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?
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: 0.82% ✗
• Cap rate: 6.35%
• Cash-on-cash: 0.21%
• DSCR: 1.01
• GRM: 10.1

CMA / ARV

• ARV (on-the-fly): $277,056
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
631 W Jordan St	0.22mi	3/2.0 (-1)	1,408 (-2%)	2mo	$170,500	$121	75
1906 N Spring St	0.47mi	3/2.0 (-1)	1,400 (-3%)	5mo	$465,000	$332	60
2607 N H St	0.46mi	3/2.0 (-1)	1,356 (-6%)	1mo	$255,000	$188	59
120 W Lakeview Ave	0.48mi	3/1.0 (-1)	1,330 (-8%)	4mo	$290,000	$218	56
412 W Brainerd St	0.67mi	3/1.0 (-1)	1,519 (+5%)	3mo	$315,000	$207	52
110 E Bobe St	0.74mi	3/2.0 (-1)	1,488 (+3%)	1mo	$278,000	$187	51
112 E Bobe St	0.75mi	3/2.0 (-1)	1,488 (+3%)	1mo	$280,000	$188	50
1491 N E St	0.35mi	3/2.0 (-1)	1,634 (+13%)	2mo	$190,000	$116	50
1502 N Baylen St	0.68mi	3/2.0 (-1)	1,514 (+5%)	3mo	$405,000	$268	49
1105 W Gonzales St	0.65mi	4/2.0	1,294 (-10%)	1mo	$180,000	$139	48
1503 N K St	0.47mi	3/2.5 (-1)	1,596 (+11%)	4mo	$335,000	$210	46
2419 N L St	0.55mi	3/2.0 (-1)	1,285 (-11%)	2mo	$247,000	$192	45

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: -13.5%
• Equity multiple: 0.50×
• Total profit: $-36,071
• Equity at exit: $38,767

10-year hold

• IRR: -1.4%
• Equity multiple: 0.89×
• Total profit: $-7,696
• Equity at exit: $22,480

Cash invested: $72,800 (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 32501

• Rents YoY: 5.4%
• Active inventory: 130
• Price-to-rent: 10.1×

Monthly cashflow live

• Estimated rent: $2,143 high
• Mortgage (P&I): −$1,363
• Tax from tax record: −$209 /mo · $2,506/yr
• Insurance: −$108
• HOA: −$0
• Vacancy / Maint / Mgmt: −$450
• Net cashflow: $13

Break-even live

Break-even rent $2,127

Max offer price $259,999

Occupancy floor 94%

Sensitivity live

Price	-10% $160	-5% $86	+0% $13	+5% $-61	+10% $-135
Rent	-10% $-157	-5% $-72	+0% $13	+5% $97	+10% $182
Rate	-1.0pp $143	-0.5pp $79	base $13	+0.5pp $-55	+1.0pp $-123

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: $65,000
• Closing costs: $7,800
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
721 W Jordan St Pensacola, FL	3.0	2.0	1030	$1,895	$1.84	25d	1	0.18mi
407 W Jordan St Unit NA Pensacola, FL	3.0	2.0	1300	$2,200	$1.69	25d	1	0.29mi
1215 N C St Pensacola, FL	3.0	1.0	1203	$1,775	$1.48	15d	1	0.52mi
2108 W Bobe St Pensacola, FL	4.0	2.0	1752	$2,100	$1.20	25d	1	0.74mi
814 N E St Pensacola, FL	3.0	2.0	1440	$1,695	$1.18	25d	1	0.77mi
615 N A St Pensacola, FL	3.0	2.0	1122	$1,900	$1.69	15d	1	0.95mi
418 N C St Pensacola, FL	3.0	2.0	1017	$2,775	$2.73	15d	1	1.05mi
411 N D St Pensacola, FL	4.0	2.0	1511	$2,175	$1.44	25d	1	1.06mi
410 N C St Unit 1367374P Pensacola, FL	3.0	2.0	1291	$3,313	$2.57	15d	1	1.07mi
504 N Spring St Unit B Pensacola, FL	3.0	1.5	1485	$1,995	$1.34	25d	1	1.15mi
1804 W Belmont St Unit A Pensacola, FL	3.0	1.0	925	$995	$1.08	23d	1	1.16mi
2008 N 8th Ave Pensacola, FL	3.0	2.0	1058	$1,250	$1.18	15d	1	1.19mi
239 N K St Pensacola, FL	3.0	2.0	1392	$1,950	$1.40	25d	1	1.25mi
2802 W Gonzalez St Pensacola, FL	3.0	2.0	1824	$1,600	$0.88	25d	1	1.27mi
309 N Pace Blvd Unit B Pensacola, FL	3.0	2.0	1342	$1,650	$1.23	25d	1	1.30mi
315 N Pace Blvd Unit A Pensacola, FL	3.0	2.0	1342	$1,850	$1.38	25d	1	1.31mi
315 N Pace Blvd Unit b Pensacola, FL	3.0	2.0	1342	$1,650	$1.23	25d	1	1.31mi
801 E Gonzalez St Pensacola, FL	3.0	2.0	1200	$2,200	$1.83	15d	1	1.35mi
3131 N 10th Ave Pensacola, FL	3.0	1.5	1085	$1,700	$1.57	25d	1	1.46mi
1121 E Maxwell St Pensacola, FL	3.0	2.5	1716	$3,550	$2.07	25d	1	1.48mi
511 E La Rua St Pensacola, FL	3.0	1.0	1128	$1,475	$1.31	15d	1	1.49mi
106 S G St Pensacola, FL	3.0	2.0	1300	$2,200	$1.69	25d	1	1.49mi

Listing history 25 events

1. 2026-06-21
   days on market $259,999 Active 10 DOM
2. 2026-06-18
   days on market $259,999 Active 7 DOM
3. 2026-06-17
   days on market $259,999 Active 6 DOM
4. 2026-06-16
   days on market $259,999 Active 5 DOM
5. 2026-06-15
   days on market $259,999 Active 4 DOM
6. 2026-06-14
   pricestatusdays on market $259,999 Active 2 DOM
7. 2026-06-10
   days on market $270,000 Coming Soon 19 DOM
8. 2026-06-09
   days on market $270,000 Coming Soon 18 DOM
9. 2026-06-08
   days on market $270,000 Coming Soon 17 DOM
10. 2026-06-07
    days on market $270,000 Coming Soon 16 DOM
11. 2026-06-03
    days on market $270,000 Coming Soon 12 DOM
12. 2026-06-02
    days on market $270,000 Coming Soon 11 DOM
13. 2026-06-01
    days on market $270,000 Coming Soon 10 DOM
14. 2026-05-31
    days on market $270,000 Coming Soon 9 DOM
15. 2026-05-31
    days on market $270,000 Coming Soon 8 DOM
16. 2026-05-22
    historical $270,000
17. 2026-03-12
    listed $1,995
18. 2025-10-30
    historical
19. 2025-08-25
    listed $280,000 Active
20. 2024-09-18
    historical
21. 2024-08-30
    listed $295,000 Active
22. 2022-08-17
    soldstatus $132,500 Sold
23. 2022-08-17
    soldstatus $132,500
24. 2022-08-07
    status Pending
25. 2022-08-03
    listed $143,000 Active

ⓘ 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: $2,506 · $209/mo
• Projected year-2 tax: $2,506 · $209/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 3/10 Moderate FEMA zone X (unshaded) · 10% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥105°F today · 21 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: $25,720
• − Mortgage interest: −$14,564
• − Property taxes: −$2,506
• − Insurance: −$1,300
• − Repairs & maintenance: −$2,058
• − Management: −$2,058
• − Depreciation: −$7,564
• Taxable loss: −$4,329
• Est. tax savings @ 24.0%: +$1,039
• After-tax cash flow: $1,190/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

-98.7% since first listed

13 events — show timeline

• 2026-06-19 Price Changed $1,895 TENANTTURNER2
• 2026-06-11 Listed $259,999 PARMLS
• 2026-06-10 Price Changed $259,999 PARMLS
• 2026-05-22 Coming Soon $270,000 PARMLS
• 2026-03-12 Listed for Rent $1,995 TENANTTURNER2
• 2025-10-30 Listing Removed — PARMLS
• 2025-08-25 Listed $280,000 PARMLS
• 2024-09-18 Listing Removed — PARMLS
• 2024-08-30 Listed $295,000 PARMLS
• 2022-08-17 Sold (Public Records) $132,500 Public Records
• 2022-08-17 Sold (MLS) $132,500 PARMLS
• 2022-08-07 Pending — PARMLS
• 2022-08-03 Listed $143,000 PARMLS

Property tax history

+6.8%/yr

Latest (2025): $2,506 · +4.9% YoY. Source: county tax records.