45 Monocoupe CirPanaceaFL32346
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
Rental property for sale in Panacea at 45 Monocoupe Cir, Panacea, FL, 32346 priced at $469,000 converts $3,479/mo rent into $352/mo cash flow after a $2,296/mo obligation. Total monthly income equals $3,479/mo, and annual cash flow totals $4,224/yr on $155,474 invested. Return on cash invested prints 22.63% in year one, and rental yield reads 8.9% against a $469,000 entry. Equity gained on principal adds $3,026/yr, while 5% annual appreciation compiles into $129,576 by year five. Five-year ROI reaches 118.03% and total cumulative return in cash sums $183,499. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,479/mo property income covering a $2,296/mo payment, not borrower’s personal income.
Single Family
Built in 1998
0.50 Acres lot
$N/A/sqft
$170 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32346, Panacea, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,003 (100%) |
| Owner Occupied HU | 727 (36.3%) |
| Renter Occupied HU | 238 (11.9%) |
| Vacant Housing Units | 1,038 (51.8%) |
| Median Home Value | $268,662 |
| Average Home Value | $367,627 |
Housing Distribution
Address Breakdown
Residential
1,227
Single Family
1,227
Multi-Family
0
Businesses
84
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Listed by: Carol H Odell • Harbor Point Realty
Mls Name: TBR
Mls Provider:
Mls ID: #383132
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.