1773 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
Rental property for sale in Panama City at 1773 Jakes Dr, Panama City, FL, 32405 priced at $225,313 converts $2,323/mo rent into $742/mo cash flow after a $1,103/mo obligation. Total monthly income equals $2,323/mo, and annual cash flow totals $8,907/yr on $74,691 invested. Return on cash invested prints 31.83% in year one, and rental yield reads 12.37% against a $225,313 entry. Equity gained on principal adds $1,454/yr, while 5% annual appreciation compiles into $62,250 by year five. Five-year ROI reaches 167.92% and total cumulative return in cash sums $125,423. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,323/mo property income covering a $1,103/mo payment, not borrower’s personal income.
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: #758896
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.