630 Spencer Ave, Pensacola, FL 32514

Pensacola, FL 32514 · 4 bd · 3 ba · 2,184 sqft · Single Family · 12 days on market

The math, in full

Asking price: $184,900
Down payment (15%): $27,735
Loan amount: $157,165
Est. monthly rent: $1,850/mo; Range $1,573 to $2,128/mo
Monthly payment, all-in: $1,519/mo; Mortgage + taxes + insurance (PITIA)
Cashflow ratio (DSCR): 1.22; $1,850 rent ÷ $1,519 payment
Monthly cashflow: +$331/mo; What's left after the payment

Where the rent number comes from

Median asking rent for 4-bedroom homes in zip 32514, from current market comps, not a per-property guess. High confidence: plenty of comparable rentals in this zip.

Cash to start

$27,735

15% down on $184,900

Your local lender

View →

No credit pull. No obligation. A loan officer confirms real terms within one business day.

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.

Not the one? Browse more in FL →

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.