605 Amberjack DrPanama City BeachFL32408
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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 Panama City Beach at 605 Amberjack Dr, Panama City Beach, FL, 32408 at $618,000 posts ROI 20.37% with $52/mo cash flow from $4,153/mo rent. Total monthly income equals $4,153/mo, and annual cash flow records $620/yr on $203,322 to close. Return on cash invested measures 20.37% and rental yield reads 8.06% at the current $618,000. Equity gained on principal adds $3,988/yr, and 5% annual appreciation supports $170,742 by year five. Five-year ROI prints 105.85% and total cumulative return in cash totals $215,219.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,153/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1988
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32408, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,067 (100%) |
| Owner Occupied HU | 5,754 (33.7%) |
| Renter Occupied HU | 2,749 (16.1%) |
| Vacant Housing Units | 8,564 (50.2%) |
| Median Home Value | $452,557 |
| Average Home Value | $531,414 |
Housing Distribution
Address Breakdown
Residential
12,556
Single Family
6,877
Multi-Family
5,679
Businesses
523
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Listed by: The Jarrett Group • Keller Williams Success Realty
Mls Name: CPAR
Mls Provider:
Mls ID: #772697
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.