1417 N Discovery LoopPanama CityFL32405
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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 at 1417 N Discovery Loop, Panama City, FL, 32405 at $676,990 posts ROI 16.12% with from $3,883/mo rent. Total monthly income equals $3,883/mo. Return on cash invested measures 16.12% and rental yield reads 6.88% at the current $676,990. Equity gained on principal adds $4,369/yr, and 5% annual appreciation supports $187,040 by year five. Five-year ROI prints 83.32% and total cumulative return in cash totals $185,583. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,883/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
0.51 Acres lot
$N/A/sqft
$363 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32405, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,910 (100%) |
| Owner Occupied HU | 7,737 (51.9%) |
| Renter Occupied HU | 4,741 (31.8%) |
| Vacant Housing Units | 2,432 (16.3%) |
| Median Home Value | $336,326 |
| Average Home Value | $395,025 |
Housing Distribution
Address Breakdown
Residential
13,594
Single Family
12,208
Multi-Family
1,386
Businesses
1,407
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Listed by: Mark Hearn • Corcoran Reverie
Mls Name: CPAR
Mls Provider:
Mls ID: #766149
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.