389 Confidence WaySouthportFL32409
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
Total monthly income runs $2,659/mo, and a $8,786/mo payment. Purchase price stands at $1,795,000, and rental yield measures 1.78% with $2,659/mo rent. Return on cash invested shows 0.99% in year one, and 5% annual appreciation builds toward $495,925 over five years. Five-year ROI reaches 2% and total cumulative return in cash records $11,653. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,659/mo property income covering a $8,786/mo payment rather than investor’s personal income.
Single Family
Built in 2020
0.59 Acres lot
$N/A/sqft
$416 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Blake Morar • Scenic Sotheby's International Realty
Mls Name: CPAR
Mls Provider:
Mls ID: #775544
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.