2540 Usery RdPanama CityFL32404
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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 2540 Usery Rd, Panama City, FL, 32404 priced at $199,000 converts $1,012/mo rent into after a $974/mo obligation. Total monthly income equals $1,012/mo. Return on cash invested prints 14.3% in year one, and rental yield reads 6.1% against a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation compiles into $54,980 by year five. Five-year ROI reaches 73.35% and total cumulative return in cash sums $48,390. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,012/mo property income covering a $974/mo payment, not borrower’s personal income.
Manufactured
Built in 2024
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32404, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,682 (100%) |
| Owner Occupied HU | 12,006 (61.0%) |
| Renter Occupied HU | 4,464 (22.7%) |
| Vacant Housing Units | 3,212 (16.3%) |
| Median Home Value | $327,530 |
| Average Home Value | $375,161 |
Housing Distribution
Address Breakdown
Residential
19,181
Single Family
18,746
Multi-Family
435
Businesses
569
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Listed by: Bryan Lawrence • Keller Williams Success Realty
Mls Name: CPAR
Mls ID: #779826