153 Damon CirPanama 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
Investment property for sale in Panama City Beach at 153 Damon Cir, Panama City Beach, FL, 32407 with 5% annual appreciation on a $270,000 basis while $2,102/mo rent supports operations. Total monthly income totals $2,102/mo and a $1,322/mo payment preserves $310/mo for cash returns. Annual cash flow comes to $3,717/yr on $89,505 deployed, and return on cash invested reaches 24.06% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,596 alongside rental yield of 9.34%. Five-year ROI measures 125.72% and total cumulative return in cash totals $112,525.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,102/mo property income versus a $1,322/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1985
N/A lot
$N/A/sqft
No 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: Brittany McLaughlin • CENTURY 21 Ryan Realty Inc
Mls Name: CPAR
Mls ID: #780114