150 Grand Heron DrPanama City BeachFL32407
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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 Beach at 150 Grand Heron Dr, Panama City Beach, FL, 32407 priced at $699,999 converts $6,044/mo rent into $1,353/mo cash flow after a $3,426/mo obligation. Total monthly income equals $6,044/mo, and annual cash flow totals $16,236/yr on $230,300 invested. Return on cash invested prints 27.11% in year one, and rental yield reads 10.36% against a $699,999 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation compiles into $193,397 by year five. Five-year ROI reaches 142.09% and total cumulative return in cash sums $327,243. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,044/mo property income covering a $3,426/mo payment, not borrower’s personal income.
Single Family
Built in 1993
0.30 Acres lot
$N/A/sqft
$550 annually 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: Stephanie Aldea • Empire Real Estate of Florida LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #777028
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.