17757 Front Beach Rd UNIT 908BPanama City BeachFL32413
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Beach at 17757 Front Beach Rd UNIT 908B, Panama City Beach, FL, 32413 generates $2,743/mo in rent, after a $3,079/mo payment. Total monthly income is $2,743/mo. Return on cash invested sits at 7.95% in year one, and rental yield is 5.23% on a $629,000 entry. Equity gained on principal adds $4,059/yr, while 5% annual appreciation builds toward $173,781 over five years. Five-year ROI reaches 40.62% and total cumulative return in cash sums $84,069. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,743/mo property income rather than buyer’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
$1,819 quarterly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Duran Group • Berkshire Hathaway HomeServices Beach Properties of Florida
Mls Name: CPAR
Mls Provider:
Mls ID: #762168
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.