15928 Front Beach Rd #3-302Panama City BeachFL32413
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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 15928 Front Beach Rd #3-302, Panama City Beach, FL, 32413 earns $221/mo cash flow from $3,871/mo rent with a $2,692/mo payment. Total monthly income totals $3,871/mo, and annual cash flow totals $2,653/yr on $180,950 capital. ROI tracks 21.53% on current figures, and rental yield reads 8.45% at a $550,000 purchase. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 over five years. Five-year ROI reaches 112.09% and total cumulative return in cash sums $202,834. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,871/mo property income instead of your personal income.
Condo
Built in 2021
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
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Listed by: Angela Stanley • Better Homes and Gardens Coast Properties
Mls Name: CPAR
Mls ID: #739252