11347 Front Beach Rd UNIT 1206Panama 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 11347 Front Beach Rd UNIT 1206, Panama City Beach, FL, 32407 offers a 2.9% rental yield on a $915,000 purchase with $2,213/mo rent. 13% in year one. Equity gained on principal adds $5,904/yr while 5% annual appreciation supports $252,798 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,213/mo property income against a $4,478/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1990
N/A lot
$N/A/sqft
$4,375 quarterly 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: Jonathan R Marrone • EXP Realty LLC
Mls Name: ECAOR
Mls Provider:
Mls ID: #955623
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Member number: 28189