12822 Lake Merial StrandPanama CityFL32409
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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 Panama City at 12822 Lake Merial Strand, Panama City, FL, 32409 generates $3,540/mo in rent and, after a $2,046/mo payment, leaves $766/mo in cash flow. Total monthly income is $3,540/mo, and annual cash flow is $9,192/yr on $138,564 invested. Return on cash invested sits at 26.54% in year one, and rental yield is 10.16% on a $417,990 entry. Equity gained on principal adds $2,697/yr, while 5% annual appreciation builds toward $115,483 over five years. Five-year ROI reaches 138.99% and total cumulative return in cash sums $192,588. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,540/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
N/A 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: N/A • Holiday Builders
Mls Name: Holiday Builders
Mls ID: #N/A