193 White Sandy DrPanama 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
Investment property for sale in Panama City Beach at 193 White Sandy Dr, Panama City Beach, FL, 32407 listed at $345,000 pairs $6,382/mo rent with a $1,689/mo payment to leave $3,726/mo cash flow. Total monthly income runs $6,382/mo, and annual cash flow reaches $44,713/yr on $114,368 cash to close. Return on cash invested measures 59.01% in year one, and rental yield registers 22.2% at a $345,000 basis. Equity gained on principal adds $2,226/yr, and annual property appreciation at 5% supports $95,317 by year five. Five-year ROI tracks 314.51% and total cumulative return in cash totals $359,692. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,382/mo property income relative to a $1,689/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1987
N/A lot
$N/A/sqft
$1,098 quarterly 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: Erica Ledford • Ledford Realty Group, LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #758373
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.