16819 Front Beach Rd UNIT 2012Panama 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 16819 Front Beach Rd UNIT 2012, Panama City Beach, FL, 32413 listed at $434,500 pairs $3,396/mo rent with a $2,127/mo payment. Total monthly income runs $3,396/mo. Return on cash invested measures 17.73% in year one, and rental yield registers 9.38% at a $434,500 basis. Equity gained on principal adds $2,804/yr, and annual property appreciation at 5% supports $120,044 by year five. Five-year ROI tracks 94.09% and total cumulative return in cash totals $135,527. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,396/mo property income relative to a $2,127/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2007
N/A lot
$N/A/sqft
$2,114 quarterly 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: Patty B Taylor • Own It Real Estate LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #758793
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.