1233 7th StSouthportFL32409
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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 Southport at 1233 7th St, Southport, FL, 32409 generates $1,656/mo in rent and, after a $930/mo payment, leaves $395/mo in cash flow. Total monthly income is $1,656/mo, and annual cash flow is $4,741/yr on $62,985 invested. Return on cash invested sits at 27.44% in year one, and rental yield is 10.46% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 143.86% and total cumulative return in cash sums $90,612. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,656/mo property income rather than buyer’s personal income.
Manufactured
Built in 1997
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32409, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,269 (100%) |
| Owner Occupied HU | 3,255 (76.2%) |
| Renter Occupied HU | 416 ( 9.7%) |
| Vacant Housing Units | 598 (14.0%) |
| Median Home Value | $295,508 |
| Average Home Value | $343,498 |
Housing Distribution
Address Breakdown
Residential
4,626
Single Family
4,563
Multi-Family
63
Businesses
136
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Listed by: Tracye D Crass • Beach Haven Realty
Mls Name: CPAR
Mls Provider:
Mls ID: #773242
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.