230 Bonita CirPanama City BeachFL32408
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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 230 Bonita Cir, Panama City Beach, FL, 32408 priced at $289,900 pairs $1,907/mo rent with after a $1,419/mo payment. Total monthly income equals $1,907/mo. Return on cash invested is 17.2% in year one, and rental yield stands at 7.89% on a $289,900 basis. Equity gained on principal adds $1,871/yr, and 5% annual appreciation accumulates to $80,094 by year five. Five-year ROI measures 89.85% and total cumulative return in cash reaches $86,349. For financing, Ziffy Mortgage’s DSCR program evaluates $1,907/mo property income against a $1,419/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2001
646 sqft lot
$N/A/sqft
$600 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32408, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,067 (100%) |
| Owner Occupied HU | 5,754 (33.7%) |
| Renter Occupied HU | 2,749 (16.1%) |
| Vacant Housing Units | 8,564 (50.2%) |
| Median Home Value | $452,557 |
| Average Home Value | $531,414 |
Housing Distribution
Address Breakdown
Residential
12,556
Single Family
6,877
Multi-Family
5,679
Businesses
523
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Listed by: Katy Pinson • Beach Babes Realty LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #772252
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.