5535 Mars Hill LnPanama 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
Investment property for sale in Panama City at 5535 Mars Hill Ln, Panama City, FL, 32404 uses $122,622 cash to close to unlock $10,077/yr annual cash flow and $840/mo monthly cash flow. Total monthly income runs $3,294/mo, and a $1,810/mo payment keeps the spread at $840/mo. Purchase price stands at $369,900, and rental yield measures 10.69% with $3,294/mo rent. Return on cash invested shows 28.13% in year one, and 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 147.5% and total cumulative return in cash records $180,862. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,294/mo property income covering a $1,810/mo payment rather than investor’s personal income.
Single Family
Built in 2021
7,840 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: John S Trunnell • LPT Realty LLC
Mls Name: CPAR
Mls ID: #779767