1840 Mallard Dr E APT CPanama CityFL32404
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
Investment property for sale in Panama City at 1840 Mallard Dr E APT C, Panama City, FL, 32404 earns $439/mo cash flow from $1,892/mo rent with a $1,047/mo payment. Total monthly income totals $1,892/mo, and annual cash flow totals $5,267/yr on $70,941 capital. ROI tracks 27.33% on current figures, and rental yield reads 10.61% at a $214,000 purchase. Equity gained on principal adds $1,381/yr, and 5% annual appreciation supports $59,124 over five years. Five-year ROI reaches 143.44% and total cumulative return in cash sums $101,759. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,892/mo property income instead of your personal income.
Townhouse
Built in 1981
0.25 Acres lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32404, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,682 (100%) |
| Owner Occupied HU | 12,006 (61.0%) |
| Renter Occupied HU | 4,464 (22.7%) |
| Vacant Housing Units | 3,212 (16.3%) |
| Median Home Value | $327,530 |
| Average Home Value | $375,161 |
Housing Distribution
Address Breakdown
Residential
19,181
Single Family
18,746
Multi-Family
435
Businesses
569
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeannette LaPrade • Coldwell Banker Realty
Mls Name: ECAOR
Mls Provider:
Mls ID: #959157
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Member number: 28189