2704 Lagoon Manor DrPanama City BeachFL32408
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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 2704 Lagoon Manor Dr, Panama City Beach, FL, 32408 at $677,000 posts ROI 13.88% with from $3,421/mo rent. Total monthly income equals $3,421/mo. Return on cash invested measures 13.88% and rental yield reads 6.06% at the current $677,000. Equity gained on principal adds $4,369/yr, and 5% annual appreciation supports $187,043 by year five. Five-year ROI prints 71.22% and total cumulative return in cash totals $158,623. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,421/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
4,356 sqft lot
$N/A/sqft
$225 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32408, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,067 (100%) |
| Owner Occupied HU | 5,754 (33.7%) |
| Renter Occupied HU | 2,749 (16.1%) |
| Vacant Housing Units | 8,564 (50.2%) |
| Median Home Value | $452,557 |
| Average Home Value | $531,414 |
Housing Distribution
Address Breakdown
Residential
12,556
Single Family
6,877
Multi-Family
5,679
Businesses
523
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Listed by: Shakhodat Talipova • Christies International Real Estate Emerald Coast
Mls Name: CPAR
Mls Provider:
Mls ID: #772850
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.