597 Mariner CirPanaceaFL32346
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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 Panacea at 597 Mariner Cir, Panacea, FL, 32346 with 5% annual appreciation on a $399,000 basis while $3,180/mo rent supports operations. Total monthly income totals $3,180/mo and a $1,953/mo payment preserves $532/mo for cash returns. Annual cash flow comes to $6,385/yr on $132,269 deployed, and return on cash invested reaches 24.74% in year one. Equity gained on principal adds $2,575/yr, and five-year appreciation sums $110,236 alongside rental yield of 9.56%. Five-year ROI measures 129.34% and total cumulative return in cash totals $171,074.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,180/mo property income versus a $1,953/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1979
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32346, Panacea, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,003 (100%) |
| Owner Occupied HU | 727 (36.3%) |
| Renter Occupied HU | 238 (11.9%) |
| Vacant Housing Units | 1,038 (51.8%) |
| Median Home Value | $268,662 |
| Average Home Value | $367,627 |
Housing Distribution
Address Breakdown
Residential
1,227
Single Family
1,227
Multi-Family
0
Businesses
84
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Listed by: Carmin Nedley • Superior Realty Group LLC
Mls Name: TBR
Mls Provider:
Mls ID: #379494
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.