3735 E 6th StPanama CityFL32401
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 Panama City at 3735 E 6th St, Panama City, FL, 32401 uses $49,725 cash to close to unlock $4,689/yr annual cash flow and $391/mo monthly cash flow. Total monthly income runs $1,386/mo, and a $734/mo payment keeps the spread at $391/mo. Purchase price stands at $149,999, and rental yield measures 11.09% with $1,386/mo rent. Return on cash invested shows 29.34% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 154.03% and total cumulative return in cash records $76,590. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,386/mo property income covering a $734/mo payment rather than investor’s personal income.
Manufactured
Built in 1994
6,098 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: Chris C Allen • Real Broker LLC
Mls Name: CPAR
Mls ID: #782905