3007 Sarasota AvePanama CityFL32405
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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 3007 Sarasota Ave, Panama City, FL, 32405 earns $666/mo cash flow from $2,584/mo rent with a $1,415/mo payment. Total monthly income totals $2,584/mo, and annual cash flow totals $7,988/yr on $95,804 capital. ROI tracks 28.25% on current figures, and rental yield reads 10.73% at a $289,000 purchase. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 over five years. Five-year ROI reaches 148.14% and total cumulative return in cash sums $141,926. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,584/mo property income instead of your personal income.
Single Family
Built in 2004
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32405, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,910 (100%) |
| Owner Occupied HU | 7,737 (51.9%) |
| Renter Occupied HU | 4,741 (31.8%) |
| Vacant Housing Units | 2,432 (16.3%) |
| Median Home Value | $336,326 |
| Average Home Value | $395,025 |
Housing Distribution
Address Breakdown
Residential
13,594
Single Family
12,208
Multi-Family
1,386
Businesses
1,407
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Listed by: Christopher Moseley • Hilltop Legacy Realty
Mls Name: CPAR
Mls ID: #779896