261 N Wells StPanama City BeachFL32413
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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 Beach at 261 N Wells St, Panama City Beach, FL, 32413 earns from $3,731/mo rent with a $3,015/mo payment. Total monthly income totals $3,731/mo. ROI tracks 17.11% on current figures, and rental yield reads 7.27% at a $615,999 purchase. Equity gained on principal adds $3,975/yr, and 5% annual appreciation supports $170,189 over five years. Five-year ROI reaches 88.7% and total cumulative return in cash sums $179,755. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,731/mo property income instead of your personal income.
Single Family
Built in 2023
5,488 sqft lot
$N/A/sqft
$135 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32413, Panama City Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,408 (100%) |
| Owner Occupied HU | 5,677 (32.6%) |
| Renter Occupied HU | 2,579 (14.8%) |
| Vacant Housing Units | 9,152 (52.6%) |
| Median Home Value | $430,573 |
| Average Home Value | $517,641 |
Housing Distribution
Address Breakdown
Residential
12,560
Single Family
10,041
Multi-Family
2,519
Businesses
718
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