3008 Willie DrSouthportFL32409
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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
Rental property for sale in Southport at 3008 Willie Dr, Southport, FL, 32409 generates $3,638/mo in rent and, after a $2,105/mo payment, leaves $784/mo in cash flow. Total monthly income is $3,638/mo, and annual cash flow is $9,409/yr on $142,545 invested. Return on cash invested sits at 26.51% in year one, and rental yield is 10.15% on a $430,000 entry. Equity gained on principal adds $2,775/yr, while 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 138.85% and total cumulative return in cash sums $197,931. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,638/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
7,405 sqft lot
$N/A/sqft
No 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
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