5010 Hickory StPanama CityFL32404
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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
Rental property for sale in Panama City at 5010 Hickory St, Panama City, FL, 32404 priced at $194,999 pairs $1,711/mo rent with $362/mo cash flow after a $954/mo payment. Total monthly income equals $1,711/mo, and annual cash flow comes to $4,349/yr on $64,642 invested. Return on cash invested is 26.64% in year one, and rental yield stands at 10.53% on a $194,999 basis. Equity gained on principal adds $1,258/yr, and 5% annual appreciation accumulates to $53,875 by year five. Five-year ROI measures 139.91% and total cumulative return in cash reaches $90,442. For financing, Ziffy Mortgage’s DSCR program evaluates $1,711/mo property income against a $954/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1985
3,484 sqft lot
$N/A/sqft
$165 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32404, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,682 (100%) |
| Owner Occupied HU | 12,006 (61.0%) |
| Renter Occupied HU | 4,464 (22.7%) |
| Vacant Housing Units | 3,212 (16.3%) |
| Median Home Value | $327,530 |
| Average Home Value | $375,161 |
Housing Distribution
Address Breakdown
Residential
19,181
Single Family
18,746
Multi-Family
435
Businesses
569
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Listed by: Seamus J O'neill • SOUTHERN WAY REALTY, INC.
Mls Name: CPAR
Mls Provider:
Mls ID: #777704
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.