601 Dolphin DrPanama City BeachFL32413
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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 Beach at 601 Dolphin Dr, Panama City Beach, FL, 32413 offers $3,403/mo rent that, after a $2,284/mo payment, leaves $306/mo cash flow. Total monthly income is $3,403/mo, and annual cash flow is $3,674/yr on $154,711 cash. Return on cash invested measures 22.28% in year one, and rental yield stands at 8.75% at a $466,700 entry. Equity gained on principal adds $3,012/yr while 5% annual appreciation compounds into $128,941 by year five. Five-year ROI records 116.18% and total cumulative return in cash reaches $179,741. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,403/mo property income versus a $2,284/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32413, Panama City Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,408 (100%) |
| Owner Occupied HU | 5,677 (32.6%) |
| Renter Occupied HU | 2,579 (14.8%) |
| Vacant Housing Units | 9,152 (52.6%) |
| Median Home Value | $430,573 |
| Average Home Value | $517,641 |
Housing Distribution
Address Breakdown
Residential
12,560
Single Family
10,041
Multi-Family
2,519
Businesses
718
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Listed by: Athrine Matthews • People 1st Real Estate, LLC
Mls Name: CPAR
Mls ID: #777447