621 Laurel StPanama City BeachFL32407
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 Beach at 621 Laurel St, Panama City Beach, FL, 32407 with 5% annual appreciation on a $296,600 basis while $2,311/mo rent supports operations. Total monthly income totals $2,311/mo and a $1,452/mo payment preserves $296/mo for cash returns. Annual cash flow comes to $3,549/yr on $98,323 deployed, and return on cash invested reaches 23.52% in year one. Equity gained on principal adds $1,914/yr, and five-year appreciation sums $81,945 alongside rental yield of 9.35%. Five-year ROI measures 123% and total cumulative return in cash totals $120,936.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,311/mo property income versus a $1,452/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32407, Panama City Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,951 (100%) |
| Owner Occupied HU | 3,651 (26.2%) |
| Renter Occupied HU | 4,348 (31.2%) |
| Vacant Housing Units | 5,952 (42.7%) |
| Median Home Value | $449,782 |
| Average Home Value | $483,329 |
Housing Distribution
Address Breakdown
Residential
10,160
Single Family
6,283
Multi-Family
3,877
Businesses
760
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A