301 Lapis Ln #89Panama City BeachFL32407
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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 Beach at 301 Lapis Ln #89, Panama City Beach, FL, 32407 uses $121,848 cash to close to unlock $3,790/yr annual cash flow and $316/mo monthly cash flow. Total monthly income runs $2,880/mo, and a $1,799/mo payment keeps the spread at $316/mo. Purchase price stands at $367,565, and rental yield measures 9.4% with $2,880/mo rent. Return on cash invested shows 23.02% in year one, and 5% annual appreciation builds toward $101,551 over five years. Five-year ROI reaches 120.55% and total cumulative return in cash records $146,889. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,880/mo property income covering a $1,799/mo payment rather than investor’s personal income.
Townhouse
Built in 2025
2,500 sqft lot
$N/A/sqft
$125 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32407, Panama City Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,951 (100%) |
| Owner Occupied HU | 3,651 (26.2%) |
| Renter Occupied HU | 4,348 (31.2%) |
| Vacant Housing Units | 5,952 (42.7%) |
| Median Home Value | $449,782 |
| Average Home Value | $483,329 |
Housing Distribution
Address Breakdown
Residential
10,160
Single Family
6,283
Multi-Family
3,877
Businesses
760
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Listed by: TED W Turner • TH Coastal Realty
Mls Name: CPAR
Mls Provider:
Mls ID: #773729
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.