3000 Willie DrSouthportFL32409
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
Rental property for sale in Southport at 3000 Willie Dr, Southport, FL, 32409 priced at $435,000 converts $3,593/mo rent into $631/mo cash flow after a $2,129/mo obligation. Total monthly income equals $3,593/mo, and annual cash flow totals $7,576/yr on $144,203 invested. Return on cash invested prints 25.16% in year one, and rental yield reads 9.91% against a $435,000 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation compiles into $120,182 by year five. Five-year ROI reaches 131.85% and total cumulative return in cash sums $190,128. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,593/mo property income covering a $2,129/mo payment, not borrower’s personal income.
Single Family
Built in 2023
6,969 sqft lot
$N/A/sqft
$225 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32409, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,269 (100%) |
| Owner Occupied HU | 3,255 (76.2%) |
| Renter Occupied HU | 416 ( 9.7%) |
| Vacant Housing Units | 598 (14.0%) |
| Median Home Value | $295,508 |
| Average Home Value | $343,498 |
Housing Distribution
Address Breakdown
Residential
4,626
Single Family
4,563
Multi-Family
63
Businesses
136
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Savannah J Shand • Empire Real Estate of Florida LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #771864
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.