3198 Rachel PlPanama CityFL32409
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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 at 3198 Rachel Pl, Panama City, FL, 32409 earns $764/mo cash flow from $3,068/mo rent with a $1,644/mo payment. Total monthly income totals $3,068/mo, and annual cash flow totals $9,168/yr on $111,351 capital. ROI tracks 28.14% on current figures, and rental yield reads 10.96% at a $335,900 purchase. Equity gained on principal adds $2,168/yr, and 5% annual appreciation supports $92,803 over five years. Five-year ROI reaches 147.87% and total cumulative return in cash sums $164,655. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,068/mo property income instead of your personal income.
Single Family
Built in 2025
7,840 sqft lot
$N/A/sqft
$225 quarterly 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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Listed by: Mark A Miles • DR Horton Realty of Emerald Coast, LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #767488
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.