1607 W 13th StPanama CityFL32401
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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 at 1607 W 13th St, Panama City, FL, 32401 earns $230/mo cash flow from $1,883/mo rent with a $1,219/mo payment. Total monthly income totals $1,883/mo, and annual cash flow totals $2,764/yr on $82,544 capital. ROI tracks 23.26% on current figures, and rental yield reads 9.07% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 121.43% and total cumulative return in cash sums $100,232. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,883/mo property income instead of your personal income.
Single Family
Built in 1960
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32401, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,701 (100%) |
| Owner Occupied HU | 5,308 (49.6%) |
| Renter Occupied HU | 3,463 (32.4%) |
| Vacant Housing Units | 1,930 (18.0%) |
| Median Home Value | $223,044 |
| Average Home Value | $314,963 |
Housing Distribution
Address Breakdown
Residential
9,987
Single Family
9,043
Multi-Family
944
Businesses
1,148
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Listed by: Eddie A Navarez • Salty Marlin Realty LLC
Mls Name: CPAR
Mls ID: #782795