309 Bayou AvePanama CityFL32401
INVESTMENT ANALYSIS
Investment Verdict
Solid Income309 Bayou Ave, Panama City, FL, 32401 in Panama City earns a respectable 9.6% gross yield at $129,000, but after the $580/mo mortgage the net cash flow is $176/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.78) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $35,640 over five years, making equity the dominant return driver. Total projected return: $60,528.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $176 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,032 |
| Total Monthly Debt Service | $805 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2007
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32401, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,701 (100%) |
| Owner Occupied HU | 5,308 (49.6%) |
| Renter Occupied HU | 3,463 (32.4%) |
| Vacant Housing Units | 1,930 (18.0%) |
| Median Home Value | $223,044 |
| Average Home Value | $314,963 |
Housing Distribution
Address Breakdown
Residential
9,987
Single Family
9,043
Multi-Family
944
Businesses
1,148
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
Manufactured
Built in 2007
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32401, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,701 (100%) |
| Owner Occupied HU | 5,308 (49.6%) |
| Renter Occupied HU | 3,463 (32.4%) |
| Vacant Housing Units | 1,930 (18.0%) |
| Median Home Value | $223,044 |
| Average Home Value | $314,963 |
Housing Distribution
Address Breakdown
Residential
9,987
Single Family
9,043
Multi-Family
944
Businesses
1,148
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: April Davis • Keller Williams Success Realty
Mls Name: CPAR
Mls ID: #773163