17462 Front Beach Rd UNIT 39DPanama 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 17462 Front Beach Rd UNIT 39D, Panama City Beach, FL, 32413 uses $86,190 cash to close to unlock $6,494/yr annual cash flow and $541/mo monthly cash flow. Total monthly income runs $2,267/mo, and a $1,273/mo payment keeps the spread at $541/mo. Purchase price stands at $260,000, and rental yield measures 10.46% with $2,267/mo rent. Return on cash invested shows 27.44% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 143.86% and total cumulative return in cash records $123,989. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,267/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Condo
Built in 1987
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: Leah Yuhasz • EXP Realty LLC
Mls Name: CPAR
Mls ID: #781846