433 Water Oak CirPanama City BeachFL32408
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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 433 Water Oak Cir, Panama City Beach, FL, 32408 at $215,000 posts ROI 27.58% with $456/mo cash flow from $1,882/mo rent. Total monthly income equals $1,882/mo, and annual cash flow records $5,466/yr on $71,273 to close. Return on cash invested measures 27.58% and rental yield reads 10.5% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 144.6% and total cumulative return in cash totals $103,057.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,882/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1993
0.25 Acres 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
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Listed by: The Wheeler Sauls Collective • Salty Marlin Realty LLC
Mls Name: CPAR
Mls ID: #781274