270 Phillips Bluff AvePanama City BeachFL32407
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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 Beach at 270 Phillips Bluff Ave, Panama City Beach, FL, 32407 priced at $324,900 converts $2,880/mo rent into $724/mo cash flow after a $1,590/mo obligation. Total monthly income equals $2,880/mo, and annual cash flow totals $8,690/yr on $107,704 invested. Return on cash invested prints 27.98% in year one, and rental yield reads 10.64% against a $324,900 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,764 by year five. Five-year ROI reaches 146.73% and total cumulative return in cash sums $158,033. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,880/mo property income covering a $1,590/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
2,000 sqft lot
$N/A/sqft
No 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: Pamela K Hawkins • DR Horton Realty of Emerald Coast, LLC
Mls Name: CPAR
Mls ID: #783420