409 Wolcott WayPanama 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 409 Wolcott Way, Panama City Beach, FL, 32413 priced at $453,755 pairs $3,337/mo rent with $326/mo cash flow after a $2,221/mo payment. Total monthly income equals $3,337/mo, and annual cash flow comes to $3,909/yr on $150,420 invested. Return on cash invested is 22.51% in year one, and rental yield stands at 8.83% on a $453,755 basis. Equity gained on principal adds $2,928/yr, and 5% annual appreciation accumulates to $125,364 by year five. Five-year ROI measures 117.37% and total cumulative return in cash reaches $176,541. For financing, Ziffy Mortgage’s DSCR program evaluates $3,337/mo property income against a $2,221/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
5,662 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: Pamela K Hawkins • DR Horton Realty of Emerald Coast, LLC
Mls Name: CPAR
Mls ID: #783629