112 Fairway Blvd UNIT 105Panama City BeachFL32407
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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 Panama City Beach at 112 Fairway Blvd UNIT 105, Panama City Beach, FL, 32407 offers a 9.84% rental yield on a $184,900 purchase with $1,516/mo rent. Total monthly income registers $1,516/mo, and a $905/mo payment leaves $289/mo available for distribution. Annual cash flow reaches $3,468/yr on $61,294 to close, and return on cash invested stands at 25.57% in year one. Equity gained on principal adds $1,193/yr while 5% annual appreciation supports $51,084 over five years. Portfolio math shows five-year ROI at 133.77% and total cumulative return in cash at $81,991. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,516/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32407, Panama City Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,951 (100%) |
| Owner Occupied HU | 3,651 (26.2%) |
| Renter Occupied HU | 4,348 (31.2%) |
| Vacant Housing Units | 5,952 (42.7%) |
| Median Home Value | $449,782 |
| Average Home Value | $483,329 |
Housing Distribution
Address Breakdown
Residential
10,160
Single Family
6,283
Multi-Family
3,877
Businesses
760
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Listed by: Stephanie Ingram • Counts Real Estate Group Inc
Mls Name: CPAR
Mls ID: #782859