2918 E 14th CtPanama CityFL32401
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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 2918 E 14th Ct, Panama City, FL, 32401 uses $52,709 cash to close to unlock $7,561/yr annual cash flow and $630/mo monthly cash flow. Total monthly income runs $1,685/mo, and a $778/mo payment keeps the spread at $630/mo. Purchase price stands at $159,000, and rental yield measures 12.72% with $1,685/mo rent. Return on cash invested shows 34.25% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 180.45% and total cumulative return in cash records $95,112. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,685/mo property income covering a $778/mo payment rather than investor’s personal income.
Manufactured
Built in 2021
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32401, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,701 (100%) |
| Owner Occupied HU | 5,308 (49.6%) |
| Renter Occupied HU | 3,463 (32.4%) |
| Vacant Housing Units | 1,930 (18.0%) |
| Median Home Value | $223,044 |
| Average Home Value | $314,963 |
Housing Distribution
Address Breakdown
Residential
9,987
Single Family
9,043
Multi-Family
944
Businesses
1,148
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Listed by: The Wheeler Sauls Collective • Salty Marlin Realty LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #772746
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.