1003 Bayside StPanama CityFL32404
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Panama City at 1003 Bayside St, Panama City, FL, 32404 priced at $264,483 converts $2,103/mo rent into $347/mo cash flow after a $1,295/mo obligation. Total monthly income equals $2,103/mo, and annual cash flow totals $4,168/yr on $87,676 invested. Return on cash invested prints 24.66% in year one, and rental yield reads 9.54% against a $264,483 entry. Equity gained on principal adds $1,707/yr, while 5% annual appreciation compiles into $73,072 by year five. Five-year ROI reaches 128.97% and total cumulative return in cash sums $113,073. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,103/mo property income covering a $1,295/mo payment, not borrower’s personal income.
Single Family
Built in 2025
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32404, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,682 (100%) |
| Owner Occupied HU | 12,006 (61.0%) |
| Renter Occupied HU | 4,464 (22.7%) |
| Vacant Housing Units | 3,212 (16.3%) |
| Median Home Value | $327,530 |
| Average Home Value | $375,161 |
Housing Distribution
Address Breakdown
Residential
19,181
Single Family
18,746
Multi-Family
435
Businesses
569
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Listed by: Shae B Shepherd • Adams Homes Realty, Inc.
Mls Name: CPAR
Mls ID: #783039