17642 Front Beach Rd UNIT E3Panama 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 17642 Front Beach Rd UNIT E3, Panama City Beach, FL, 32413 listed at $250,000 pairs $2,095/mo rent with a $1,224/mo payment to leave $436/mo cash flow. Total monthly income runs $2,095/mo, and annual cash flow reaches $5,227/yr on $82,875 cash to close. Return on cash invested measures 26.22% in year one, and rental yield registers 10.06% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 137.26% and total cumulative return in cash totals $113,758. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,095/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1995
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: Chris M Shelton • Beachy Beach Real Estate
Mls Name: CPAR
Mls ID: #782757