2608 Redtail StPanama 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 2608 Redtail St, Panama City, FL, 32405 at $545,000 posts ROI 17.54% with from $3,241/mo rent. Total monthly income equals $3,241/mo. Return on cash invested measures 17.54% and rental yield reads 7.14% at the current $545,000. Equity gained on principal adds $3,517/yr, and 5% annual appreciation supports $150,573 by year five. Five-year ROI prints 90.7% and total cumulative return in cash totals $162,636. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,241/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2009
0.34 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: Inga M Brown • Counts Real Estate Group
Mls Name: CPAR
Mls ID: #781754