205 Harmon AvePanama CityFL32401
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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 at 205 Harmon Ave, Panama City, FL, 32401 with 5% annual appreciation on a $388,777 basis while $2,818/mo rent supports operations. Total monthly income totals $2,818/mo and a $1,903/mo payment preserves $238/mo for cash returns. Annual cash flow comes to $2,855/yr on $128,880 deployed, and return on cash invested reaches 22.12% in year one. Equity gained on principal adds $2,509/yr, and five-year appreciation sums $107,412 alongside rental yield of 8.7%. Five-year ROI measures 115.3% and total cumulative return in cash totals $148,604.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,818/mo property income versus a $1,903/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2014
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32401, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,701 (100%) |
| Owner Occupied HU | 5,308 (49.6%) |
| Renter Occupied HU | 3,463 (32.4%) |
| Vacant Housing Units | 1,930 (18.0%) |
| Median Home Value | $223,044 |
| Average Home Value | $314,963 |
Housing Distribution
Address Breakdown
Residential
9,987
Single Family
9,043
Multi-Family
944
Businesses
1,148
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Listed by: Billy G Seeberger • Think Real Estate
Mls Name: CPAR
Mls ID: #769511