1769 Jakes DrPanama CityFL32405
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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 at 1769 Jakes Dr, Panama City, FL, 32405 offers a 8.82% rental yield on a $220,000 purchase with $1,617/mo rent. Total monthly income registers $1,617/mo, and a $1,077/mo payment leaves $72/mo available for distribution. Annual cash flow reaches $858/yr on $72,930 to close, and return on cash invested stands at 21.09% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 110.29% and total cumulative return in cash at $80,435. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,617/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2023
2,000 sqft lot
$N/A/sqft
$256 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32405, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,910 (100%) |
| Owner Occupied HU | 7,737 (51.9%) |
| Renter Occupied HU | 4,741 (31.8%) |
| Vacant Housing Units | 2,432 (16.3%) |
| Median Home Value | $336,326 |
| Average Home Value | $395,025 |
Housing Distribution
Address Breakdown
Residential
13,594
Single Family
12,208
Multi-Family
1,386
Businesses
1,407
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Listed by: Mark A Miles • DR Horton Realty of Emerald Coast, LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #758894
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.