1709 Cincinnati AvePanama CityFL32401
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 at 1709 Cincinnati Ave, Panama City, FL, 32401 at $234,900 posts ROI 20.55% with $42/mo cash flow from $1,601/mo rent. Total monthly income equals $1,601/mo, and annual cash flow records $503/yr on $77,869 to close. Return on cash invested measures 20.55% and rental yield reads 8.18% at the current $234,900. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,899 by year five. Five-year ROI prints 106.88% and total cumulative return in cash totals $83,229.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,601/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1941
9,147 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cindy J Hamre • Coastal Choice Realty LLC
Mls Name: CPAR
Mls ID: #781008