17643 Front Beach Rd UNIT 1905Panama 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 17643 Front Beach Rd UNIT 1905, Panama City Beach, FL, 32413 offers a 5.56% rental yield on a $578,000 purchase with $2,676/mo rent. 74% in year one. Equity gained on principal adds $3,730/yr while 5% annual appreciation supports $159,691 over five years. Portfolio math shows five-year ROI at 64.99% and total cumulative return in cash at $123,581. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,676/mo property income against a $2,829/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2009
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: January Johnson • EXP Realty LLC
Mls Name: CPAR
Mls ID: #775827