3906 Wave AvePanama CityFL32404
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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 3906 Wave Ave, Panama City, FL, 32404 earns $674/mo cash flow from $1,802/mo rent with a $832/mo payment. Total monthly income totals $1,802/mo, and annual cash flow totals $8,089/yr on $56,322 capital. ROI tracks 34.27% on current figures, and rental yield reads 12.73% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 180.53% and total cumulative return in cash sums $101,678. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,802/mo property income instead of your personal income.
Single Family
Built in 1986
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32404, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,682 (100%) |
| Owner Occupied HU | 12,006 (61.0%) |
| Renter Occupied HU | 4,464 (22.7%) |
| Vacant Housing Units | 3,212 (16.3%) |
| Median Home Value | $327,530 |
| Average Home Value | $375,161 |
Housing Distribution
Address Breakdown
Residential
19,181
Single Family
18,746
Multi-Family
435
Businesses
569
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Listed by: Kelli White Garrett • CENTURY 21 Commander Realty
Mls Name: CPAR
Mls ID: #776138