235 Lake Merial BlvdPanama CityFL32409
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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 235 Lake Merial Blvd, Panama City, FL, 32409 generates $3,744/mo in rent and, after a $2,433/mo payment, leaves $445/mo in cash flow. Total monthly income is $3,744/mo, and annual cash flow is $5,342/yr on $164,802 invested. Return on cash invested sits at 23.15% in year one, and rental yield is 9.04% on a $497,140 entry. Equity gained on principal adds $3,208/yr, while 5% annual appreciation builds toward $137,351 over five years. Five-year ROI reaches 120.83% and total cumulative return in cash sums $199,126. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,744/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32409, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,269 (100%) |
| Owner Occupied HU | 3,255 (76.2%) |
| Renter Occupied HU | 416 ( 9.7%) |
| Vacant Housing Units | 598 (14.0%) |
| Median Home Value | $295,508 |
| Average Home Value | $343,498 |
Housing Distribution
Address Breakdown
Residential
4,626
Single Family
4,563
Multi-Family
63
Businesses
136
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Listed by: N/A • Holiday Builders
Mls Name: Holiday Builders
Mls ID: #N/A