524 E 4th CtPanama CityFL32401
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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 524 E 4th Ct, Panama City, FL, 32401 generates $2,167/mo in rent and, after a $566/mo payment, leaves $1,392/mo in cash flow. Total monthly income is $2,167/mo, and annual cash flow is $16,704/yr on $38,355 invested. Return on cash invested sits at 63.46% in year one, and rental yield is 22.48% on a $115,700 entry. Equity gained on principal adds $747/yr, while 5% annual appreciation builds toward $31,966 over five years. Five-year ROI reaches 337.06% and total cumulative return in cash sums $129,277. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,167/mo property income rather than buyer’s personal income.
Single Family
Built in 1933
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32401, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,701 (100%) |
| Owner Occupied HU | 5,308 (49.6%) |
| Renter Occupied HU | 3,463 (32.4%) |
| Vacant Housing Units | 1,930 (18.0%) |
| Median Home Value | $223,044 |
| Average Home Value | $314,963 |
Housing Distribution
Address Breakdown
Residential
9,987
Single Family
9,043
Multi-Family
944
Businesses
1,148
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