232 S Glades TrlPanama City BeachFL32407
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Nearby investment properties with comparable prices
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 232 S Glades Trl, Panama City Beach, FL, 32407 at $385,900 posts ROI 23.52% with $385/mo cash flow from $3,004/mo rent. Total monthly income equals $3,004/mo, and annual cash flow records $4,626/yr on $127,926 to close. Return on cash invested measures 23.52% and rental yield reads 9.34% at the current $385,900. Equity gained on principal adds $2,490/yr, and 5% annual appreciation supports $106,617 by year five. Five-year ROI prints 123.03% and total cumulative return in cash totals $157,385.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,004/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1994
6,534 sqft lot
$N/A/sqft
$550 annually 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: The Jarrett Group • Keller Williams Success Realty
Mls Name: CPAR
Mls Provider:
Mls ID: #767003
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.