112 Crenshaw StSouthportFL32409
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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
Investment property for sale in Southport at 112 Crenshaw St, Southport, FL, 32409 uses $124,313 cash to close to unlock $4,406/yr annual cash flow and $367/mo monthly cash flow. Total monthly income runs $2,994/mo, and a $1,835/mo payment keeps the spread at $367/mo. Purchase price stands at $375,000, and rental yield measures 9.58% with $2,994/mo rent. Return on cash invested shows 23.45% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 122.95% and total cumulative return in cash records $152,847. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,994/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 2018
6,969 sqft lot
$N/A/sqft
$416 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32409, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,269 (100%) |
| Owner Occupied HU | 3,255 (76.2%) |
| Renter Occupied HU | 416 ( 9.7%) |
| Vacant Housing Units | 598 (14.0%) |
| Median Home Value | $295,508 |
| Average Home Value | $343,498 |
Housing Distribution
Address Breakdown
Residential
4,626
Single Family
4,563
Multi-Family
63
Businesses
136
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Listed by: Mindi A Sato • Keller Williams Success Realty
Mls Name: CPAR
Mls Provider:
Mls ID: #772374
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.