533 Joseph CirSouthportFL32409
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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 Southport at 533 Joseph Cir, Southport, FL, 32409 priced at $230,000 converts $1,562/mo rent into $35/mo cash flow after a $1,126/mo obligation. Total monthly income equals $1,562/mo, and annual cash flow totals $425/yr on $76,245 invested. Return on cash invested prints 20.47% in year one, and rental yield reads 8.15% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 106.45% and total cumulative return in cash sums $81,163. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,562/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Single Family
Built in 2007
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32409, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,269 (100%) |
| Owner Occupied HU | 3,255 (76.2%) |
| Renter Occupied HU | 416 ( 9.7%) |
| Vacant Housing Units | 598 (14.0%) |
| Median Home Value | $295,508 |
| Average Home Value | $343,498 |
Housing Distribution
Address Breakdown
Residential
4,626
Single Family
4,563
Multi-Family
63
Businesses
136
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