15100 Front Beach Rd #919-921Panama City BeachFL32413
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 15100 Front Beach Rd #919-921, Panama City Beach, FL, 32413 offers a 8.32% rental yield on a $474,900 purchase with $3,292/mo rent. Total monthly income registers $3,292/mo, and a $2,324/mo payment leaves $141/mo available for distribution. Annual cash flow reaches $1,691/yr on $157,429 to close, and return on cash invested stands at 20.98% in year one. Equity gained on principal adds $3,064/yr while 5% annual appreciation supports $131,206 over five years. Portfolio math shows five-year ROI at 109.18% and total cumulative return in cash at $171,875. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,292/mo property income against a $2,324/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32413, Panama City Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,408 (100%) |
| Owner Occupied HU | 5,677 (32.6%) |
| Renter Occupied HU | 2,579 (14.8%) |
| Vacant Housing Units | 9,152 (52.6%) |
| Median Home Value | $430,573 |
| Average Home Value | $517,641 |
Housing Distribution
Address Breakdown
Residential
12,560
Single Family
10,041
Multi-Family
2,519
Businesses
718
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nadia Anderson • PRESTIGE REALTY CONSULTANTS INC
Mls Name: Stellar MLS
Mls ID: #O6353598