210 Azalea StPanama 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
Rental property for sale in Panama City Beach at 210 Azalea St, Panama City Beach, FL, 32407 generates $2,362/mo in rent, after a $1,933/mo payment. Total monthly income is $2,362/mo. Return on cash invested sits at 17.54% in year one, and rental yield is 7.18% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 90.73% and total cumulative return in cash sums $118,806. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,362/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
6,969 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: Terry L Nutter • Realty One Group Emerald Coast
Mls Name: CPAR
Mls ID: #781281