11483 Front Beach Rd UNIT 206Panama City BeachFL32407
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $3,147/mo, and a $3,059/mo payment. Purchase price stands at $625,000, and rental yield measures 6.04% with $3,147/mo rent. Return on cash invested shows 14.22% in year one, and 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 72.9% and total cumulative return in cash records $149,905. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,147/mo property income covering a $3,059/mo payment rather than investor’s personal income.
Condo
Built in 1985
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph Echols • Hitchcock Real Estate LLC
Mls Name: CPAR
Mls ID: #782405