104 Country PlPanama City BeachFL32408
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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 Beach at 104 Country Pl, Panama City Beach, FL, 32408 offers $2,243/mo rent that, after a $1,463/mo payment, leaves $259/mo cash flow. Total monthly income is $2,243/mo, and annual cash flow is $3,111/yr on $99,119 cash. Return on cash invested measures 23.05% in year one, and rental yield stands at 9% at a $299,000 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,608 by year five. Five-year ROI records 120.3% and total cumulative return in cash reaches $119,242. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,243/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32408, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,067 (100%) |
| Owner Occupied HU | 5,754 (33.7%) |
| Renter Occupied HU | 2,749 (16.1%) |
| Vacant Housing Units | 8,564 (50.2%) |
| Median Home Value | $452,557 |
| Average Home Value | $531,414 |
Housing Distribution
Address Breakdown
Residential
12,556
Single Family
6,877
Multi-Family
5,679
Businesses
523
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Listed by: Richard Gheesling • AMERICAN REALTY of Bay Co, Inc
Mls Name: CPAR
Mls ID: #775319