109 Summerwood DrPanama City BeachFL32413
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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 109 Summerwood Dr, Panama City Beach, FL, 32413 priced at $485,000 pairs $3,748/mo rent with $471/mo cash flow after a $2,374/mo payment. Total monthly income equals $3,748/mo, and annual cash flow comes to $5,652/yr on $160,778 invested. Return on cash invested is 23.42% in year one, and rental yield stands at 9.27% on a $485,000 basis. Equity gained on principal adds $3,130/yr, and 5% annual appreciation accumulates to $133,997 by year five. Five-year ROI measures 122.42% and total cumulative return in cash reaches $196,826. For financing, Ziffy Mortgage’s DSCR program evaluates $3,748/mo property income against a $2,374/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
9,147 sqft lot
$N/A/sqft
$175 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32413, Panama City Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,408 (100%) |
| Owner Occupied HU | 5,677 (32.6%) |
| Renter Occupied HU | 2,579 (14.8%) |
| Vacant Housing Units | 9,152 (52.6%) |
| Median Home Value | $430,573 |
| Average Home Value | $517,641 |
Housing Distribution
Address Breakdown
Residential
12,560
Single Family
10,041
Multi-Family
2,519
Businesses
718
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Listed by: Abbott Martin Group • EXP Realty LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #766191
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.