11 A3 Mashes Sands Rd #APanaceaFL32346
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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 Panacea at 11 A3 Mashes Sands Rd #A, Panacea, FL, 32346 priced at $239,900 pairs $1,617/mo rent with $25/mo cash flow after a $1,174/mo payment. Total monthly income equals $1,617/mo, and annual cash flow comes to $302/yr on $79,527 invested. Return on cash invested is 20.29% in year one, and rental yield stands at 8.09% on a $239,900 basis. Equity gained on principal adds $1,548/yr, and 5% annual appreciation accumulates to $66,280 by year five. Five-year ROI measures 105.53% and total cumulative return in cash reaches $83,923. For financing, Ziffy Mortgage’s DSCR program evaluates $1,617/mo property income against a $1,174/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1985
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32346, Panacea, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,003 (100%) |
| Owner Occupied HU | 727 (36.3%) |
| Renter Occupied HU | 238 (11.9%) |
| Vacant Housing Units | 1,038 (51.8%) |
| Median Home Value | $268,662 |
| Average Home Value | $367,627 |
Housing Distribution
Address Breakdown
Residential
1,227
Single Family
1,227
Multi-Family
0
Businesses
84
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