274 N Charlene DrPanama CityFL32404
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 274 N Charlene Dr, Panama City, FL, 32404 with 5% annual appreciation on a $310,200 basis while $2,288/mo rent supports operations. Total monthly income totals $2,288/mo and a $1,518/mo payment preserves $230/mo for cash returns. Annual cash flow comes to $2,757/yr on $102,831 deployed, and return on cash invested reaches 22.59% in year one. Equity gained on principal adds $2,002/yr, and five-year appreciation sums $85,703 alongside rental yield of 8.85%. Five-year ROI measures 117.81% and total cumulative return in cash totals $121,150.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,288/mo property income versus a $1,518/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
0.35 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A