412 Venetian WayPanama CityFL32405
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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 412 Venetian Way, Panama City, FL, 32405 with 5% annual appreciation on a $170,000 basis while $1,472/mo rent supports operations. Total monthly income totals $1,472/mo and a $832/mo payment preserves $344/mo for cash returns. Annual cash flow comes to $4,127/yr on $56,355 deployed, and return on cash invested reaches 27.23% in year one. Equity gained on principal adds $1,097/yr, and five-year appreciation sums $46,968 alongside rental yield of 10.39%. Five-year ROI measures 142.7% and total cumulative return in cash totals $80,421.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,472/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1984
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32405, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,910 (100%) |
| Owner Occupied HU | 7,737 (51.9%) |
| Renter Occupied HU | 4,741 (31.8%) |
| Vacant Housing Units | 2,432 (16.3%) |
| Median Home Value | $336,326 |
| Average Home Value | $395,025 |
Housing Distribution
Address Breakdown
Residential
13,594
Single Family
12,208
Multi-Family
1,386
Businesses
1,407
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Listed by: Diane J McKay • Anchor Realty Florida
Mls Name: CPAR
Mls ID: #781796