2234 Edgewood DrPanama 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
Investment property for sale in Panama City at 2234 Edgewood Dr, Panama City, FL, 32405 listed at $319,900 pairs $2,596/mo rent with a $1,566/mo payment to leave $473/mo cash flow. Total monthly income runs $2,596/mo, and annual cash flow reaches $5,674/yr on $106,047 cash to close. Return on cash invested measures 25.26% in year one, and rental yield registers 9.74% at a $319,900 basis. Equity gained on principal adds $2,064/yr, and annual property appreciation at 5% supports $88,382 by year five. Five-year ROI tracks 132.12% and total cumulative return in cash totals $140,108. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,596/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
0.29 Acres lot
$N/A/sqft
No 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: Don J Giles • GILES APPRAISAL GROUP, INC
Mls Name: CPAR
Mls ID: #776809