124 Rusty Gans DrPanama City BeachFL32408
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 124 Rusty Gans Dr, Panama City Beach, FL, 32408 at $479,000 posts ROI 20.12% with $28/mo cash flow from $3,206/mo rent. Total monthly income equals $3,206/mo, and annual cash flow records $333/yr on $158,789 to close. Return on cash invested measures 20.12% and rental yield reads 8.03% at the current $479,000. Equity gained on principal adds $3,091/yr, and 5% annual appreciation supports $132,339 by year five. Five-year ROI prints 104.55% and total cumulative return in cash totals $166,011.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,206/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1993
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32408, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,067 (100%) |
| Owner Occupied HU | 5,754 (33.7%) |
| Renter Occupied HU | 2,749 (16.1%) |
| Vacant Housing Units | 8,564 (50.2%) |
| Median Home Value | $452,557 |
| Average Home Value | $531,414 |
Housing Distribution
Address Breakdown
Residential
12,556
Single Family
6,877
Multi-Family
5,679
Businesses
523
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Listed by: Team Lovett • Counts Real Estate Group
Mls Name: CPAR
Mls ID: #779452