523 Wahoo RdPanama City BeachFL32408
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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 523 Wahoo Rd, Panama City Beach, FL, 32408 with 5% annual appreciation on a $1,198,000 basis while $4,660/mo rent supports operations. 2% in year one. Equity gained on principal adds $7,731/yr, and five-year appreciation sums $330,985 alongside rental yield of 4.67%. Five-year ROI measures 51.27% and total cumulative return in cash totals $198,991. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,660/mo property income versus a $5,864/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1980
10,018 sqft 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: Jena N Buchanan • CENTURY 21 Ryan Realty Inc
Mls Name: CPAR
Mls ID: #772628