11483 Front Beach Rd #1109-1Panama 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
Rental property for sale in Panama City Beach at 11483 Front Beach Rd #1109-1, Panama City Beach, FL, 32407 generates $2,520/mo in rent, after a $2,545/mo payment. Total monthly income is $2,520/mo. Return on cash invested sits at 2.19% in year one, and rental yield is 5.82% on a $520,000 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation builds toward $143,666 over five years. Five-year ROI reaches 12.47% and total cumulative return in cash sums $21,335. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,520/mo property income rather than buyer’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$4,853 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: Alice de La Penha • Coldwell Banker Realty
Mls Name: ECAOR
Mls Provider:
Mls ID: #993468
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