313 Turtle CvPanama City BeachFL32413
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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 Panama City Beach at 313 Turtle Cv, Panama City Beach, FL, 32413 priced at $479,600 converts $3,266/mo rent into $84/mo cash flow after a $2,347/mo obligation. Total monthly income equals $3,266/mo, and annual cash flow totals $1,004/yr on $158,987 invested. Return on cash invested prints 20.54% in year one, and rental yield reads 8.17% against a $479,600 entry. Equity gained on principal adds $3,095/yr, while 5% annual appreciation compiles into $132,505 by year five. Five-year ROI reaches 106.82% and total cumulative return in cash sums $169,823. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,266/mo property income covering a $2,347/mo payment, not borrower’s personal income.
Single Family
Built in 2019
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32413, Panama City Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,408 (100%) |
| Owner Occupied HU | 5,677 (32.6%) |
| Renter Occupied HU | 2,579 (14.8%) |
| Vacant Housing Units | 9,152 (52.6%) |
| Median Home Value | $430,573 |
| Average Home Value | $517,641 |
Housing Distribution
Address Breakdown
Residential
12,560
Single Family
10,041
Multi-Family
2,519
Businesses
718
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Listed by: Jason Smoker • Counts Real Estate Group Inc
Mls Name: CPAR
Mls ID: #778582