3044 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
Investment property for sale in Southport at 3044 Willie Dr, Southport, FL, 32409 offers a 7.62% rental yield on a $385,500 purchase with $2,447/mo rent. 45% in year one. Equity gained on principal adds $2,488/yr while 5% annual appreciation supports $106,507 over five years. Portfolio math shows five-year ROI at 90.78% and total cumulative return in cash at $116,015. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,447/mo property income against a $1,887/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
0.25 Acres lot
$N/A/sqft
$150 monthly 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: Darlene B Smith • Horsley Real Estate Group
Mls Name: CPAR
Mls Provider:
Mls ID: #775687
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.