186 White Cap WayPanama City BeachFL32407
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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
Total monthly income runs $1,778/mo, and a $1,444/mo payment. Purchase price stands at $295,000, and rental yield measures 7.23% with $1,778/mo rent. Return on cash invested shows 17.7% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 91.63% and total cumulative return in cash records $89,606. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,778/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Townhouse
Built in 2005
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32407, Panama City Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,951 (100%) |
| Owner Occupied HU | 3,651 (26.2%) |
| Renter Occupied HU | 4,348 (31.2%) |
| Vacant Housing Units | 5,952 (42.7%) |
| Median Home Value | $449,782 |
| Average Home Value | $483,329 |
Housing Distribution
Address Breakdown
Residential
10,160
Single Family
6,283
Multi-Family
3,877
Businesses
760
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Listed by: Joshua Hoey • Think Real Estate
Mls Name: CPAR
Mls ID: #775136