5018 E 10th StPanama CityFL32404
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 Panama City at 5018 E 10th St, Panama City, FL, 32404 generates $2,059/mo in rent and, after a $891/mo payment, leaves $851/mo in cash flow. Total monthly income is $2,059/mo, and annual cash flow is $10,212/yr on $60,333 invested. Return on cash invested sits at 36.84% in year one, and rental yield is 13.58% on a $182,000 entry. Equity gained on principal adds $1,174/yr, while 5% annual appreciation builds toward $50,283 over five years. Five-year ROI reaches 194.3% and total cumulative return in cash sums $117,225. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,059/mo property income rather than buyer’s personal income.
Manufactured
Built in 2019
9,147 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Peyton W Saluto • EXP Realty LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #773119
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.