116 Oleander Dr UNIT CPanama City BeachFL32413
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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 116 Oleander Dr UNIT C, Panama City Beach, FL, 32413 earns from $2,296/mo rent with a $2,075/mo payment. Total monthly income totals $2,296/mo. ROI tracks 15.49% on current figures, and rental yield reads 6.5% at a $424,000 purchase. Equity gained on principal adds $2,736/yr, and 5% annual appreciation supports $117,143 over five years. Five-year ROI reaches 79.75% and total cumulative return in cash sums $112,095. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,296/mo property income instead of your personal income.
Townhouse
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32413, Panama City Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,408 (100%) |
| Owner Occupied HU | 5,677 (32.6%) |
| Renter Occupied HU | 2,579 (14.8%) |
| Vacant Housing Units | 9,152 (52.6%) |
| Median Home Value | $430,573 |
| Average Home Value | $517,641 |
Housing Distribution
Address Breakdown
Residential
12,560
Single Family
10,041
Multi-Family
2,519
Businesses
718
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Listed by: Matthew T Jones MBA • Coastal Heritage Real Estate LLC
Mls Name: CPAR
Mls ID: #780065