6234 Thomas 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 6234 Thomas Dr, Panama City Beach, FL, 32408 at $575,000 posts ROI 11.94% with from $2,536/mo rent. Total monthly income equals $2,536/mo. Return on cash invested measures 11.94% and rental yield reads 5.29% at the current $575,000. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 by year five. Five-year ROI prints 60.7% and total cumulative return in cash totals $114,827. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,536/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
1,306 sqft 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: Steven Koleno • Beycome of Florida LLC
Mls Name: CPAR
Mls ID: #783029