21916 Belgrade AvePanama City BeachFL32413
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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 21916 Belgrade Ave, Panama City Beach, FL, 32413 listed at $889,000 pairs $3,786/mo rent with a $4,351/mo payment. Total monthly income runs $3,786/mo. Return on cash invested measures 11.39% in year one, and rental yield registers 5.11% at a $889,000 basis. Equity gained on principal adds $5,737/yr, and annual property appreciation at 5% supports $245,614 by year five. Five-year ROI tracks 57.72% and total cumulative return in cash totals $168,818. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,786/mo property income relative to a $4,351/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32413, Panama City Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,408 (100%) |
| Owner Occupied HU | 5,677 (32.6%) |
| Renter Occupied HU | 2,579 (14.8%) |
| Vacant Housing Units | 9,152 (52.6%) |
| Median Home Value | $430,573 |
| Average Home Value | $517,641 |
Housing Distribution
Address Breakdown
Residential
12,560
Single Family
10,041
Multi-Family
2,519
Businesses
718
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Listed by: Brittany M Roby • Christies International Real Estate Emerald Coast
Mls Name: ECAOR
Mls ID: #988846