2106 Olivia LnPanama CityFL32405
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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 at 2106 Olivia Ln, Panama City, FL, 32405 priced at $1,250,000 converts $5,412/mo rent into after a $6,118/mo obligation. Total monthly income equals $5,412/mo. Return on cash invested prints 11.18% in year one, and rental yield reads 5.2% against a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation compiles into $345,352 by year five. Five-year ROI reaches 56.77% and total cumulative return in cash sums $229,909. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,412/mo property income covering a $6,118/mo payment, not borrower’s personal income.
Single Family
Built in 2020
0.38 Acres lot
$N/A/sqft
$656 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32405, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,910 (100%) |
| Owner Occupied HU | 7,737 (51.9%) |
| Renter Occupied HU | 4,741 (31.8%) |
| Vacant Housing Units | 2,432 (16.3%) |
| Median Home Value | $336,326 |
| Average Home Value | $395,025 |
Housing Distribution
Address Breakdown
Residential
13,594
Single Family
12,208
Multi-Family
1,386
Businesses
1,407
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Listed by: Tammie B Julian • Epique Realty Inc
Mls Name: CPAR
Mls Provider:
Mls ID: #770425
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.