466 Locksley DrPanama City BeachFL32407
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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 Beach at 466 Locksley Dr, Panama City Beach, FL, 32407 offers a 11.66% rental yield on a $598,750 purchase with $5,816/mo rent. Total monthly income registers $5,816/mo, and a $2,931/mo payment leaves $1,731/mo available for distribution. Annual cash flow reaches $20,774/yr on $196,989 to close, and return on cash invested stands at 30.61% in year one. Equity gained on principal adds $3,864/yr while 5% annual appreciation supports $165,424 over five years. Portfolio math shows five-year ROI at 161.02% and total cumulative return in cash at $317,199. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,816/mo property income against a $2,931/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
6,098 sqft lot
$N/A/sqft
$111 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32407, Panama City Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,951 (100%) |
| Owner Occupied HU | 3,651 (26.2%) |
| Renter Occupied HU | 4,348 (31.2%) |
| Vacant Housing Units | 5,952 (42.7%) |
| Median Home Value | $449,782 |
| Average Home Value | $483,329 |
Housing Distribution
Address Breakdown
Residential
10,160
Single Family
6,283
Multi-Family
3,877
Businesses
760
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Listed by: Robbie Buss • Keller Williams Success Realty
Mls Name: CPAR
Mls Provider:
Mls ID: #760447
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.