3971 Elmcrest Dr, Pensacola, FL 32504

Pensacola, FL 32504 · 3 bd · 2 ba · 1,290 sqft · Single Family · 3 days on market

The math, in full

Asking price: $195,900
Down payment (15%): $29,385
Loan amount: $166,515
Est. monthly rent: $1,895/mo; Range $1,611 to $2,179/mo
Monthly payment, all-in: $1,609/mo; Mortgage + taxes + insurance (PITIA)
Cashflow ratio (DSCR): 1.18; $1,895 rent ÷ $1,609 payment
Monthly cashflow: +$286/mo; What's left after the payment

Where the rent number comes from

Median asking rent for 3-bedroom homes in zip 32504, from current market comps, not a per-property guess. High confidence: plenty of comparable rentals in this zip.

Cash to start

$29,385

15% down on $195,900

Your local lender

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Screened against real lending criteria. This one fits 3 programs.
Qualifies on the property's rent, no W-2 or tax returns.
Listing data verified as of July 5, 2026.

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Rent, payment, and cashflow figures are estimates based on current market data and business-purpose investment-loan criteria, for non-owner-occupied property. Not a commitment to lend, not financial advice, and not an offer of any specific loan or property. Listing data may change; properties may sell. All terms confirmed by a loan officer and subject to underwriting and appraisal.