121 Seagrass WayPanama 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
Investment property for sale in Panama City Beach at 121 Seagrass Way, Panama City Beach, FL, 32407 at $285,000 posts ROI 26.12% with $489/mo cash flow from $2,380/mo rent. Total monthly income equals $2,380/mo, and annual cash flow records $5,863/yr on $94,478 to close. Return on cash invested measures 26.12% and rental yield reads 10.02% at the current $285,000. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 by year five. Five-year ROI prints 136.73% and total cumulative return in cash totals $129,174.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,380/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
2,613 sqft 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: Alice de La Penha • Coldwell Banker Realty
Mls Name: CPAR
Mls ID: #779749