15928 Front Beach Rd #3-403Panama 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 15928 Front Beach Rd #3-403, Panama City Beach, FL, 32413 listed at $415,300 pairs $3,433/mo rent with a $2,033/mo payment to leave $677/mo cash flow. Total monthly income runs $3,433/mo, and annual cash flow reaches $8,120/yr on $137,672 cash to close. Return on cash invested measures 25.81% in year one, and rental yield registers 9.92% at a $415,300 basis. Equity gained on principal adds $2,680/yr, and annual property appreciation at 5% supports $114,740 by year five. Five-year ROI tracks 135.06% and total cumulative return in cash totals $185,935. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,433/mo property income relative to a $2,033/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2020
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: Angela Stanley • Better Homes and Gardens Coast Properties
Mls Name: CPAR
Mls ID: #782303