4100 Marriott Dr #407Panama City BeachFL32408
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 Beach at 4100 Marriott Dr #407, Panama City Beach, FL, 32408 offers a 8.64% rental yield on a $389,900 purchase with $2,808/mo rent. Total monthly income registers $2,808/mo, and a $1,908/mo payment leaves $221/mo available for distribution. Annual cash flow reaches $2,651/yr on $129,252 to close, and return on cash invested stands at 21.96% in year one. Equity gained on principal adds $2,516/yr while 5% annual appreciation supports $107,722 over five years. Portfolio math shows five-year ROI at 114.41% and total cumulative return in cash at $147,877. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,808/mo property income against a $1,908/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32408, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,067 (100%) |
| Owner Occupied HU | 5,754 (33.7%) |
| Renter Occupied HU | 2,749 (16.1%) |
| Vacant Housing Units | 8,564 (50.2%) |
| Median Home Value | $452,557 |
| Average Home Value | $531,414 |
Housing Distribution
Address Breakdown
Residential
12,556
Single Family
6,877
Multi-Family
5,679
Businesses
523
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tracie L Tierney • Top Producers Real Estate Ctr
Mls Name: CPAR
Mls ID: #777453