6308 Causeway RdPanama 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 6308 Causeway Rd, Panama City Beach, FL, 32408 with 5% annual appreciation on a $345,900 basis while $2,335/mo rent supports operations. Total monthly income totals $2,335/mo and a $1,693/mo payment preserves $40/mo for cash returns. Annual cash flow comes to $475/yr on $114,666 deployed, and return on cash invested reaches 20.32% in year one. Equity gained on principal adds $2,232/yr, and five-year appreciation sums $95,566 alongside rental yield of 8.1%. Five-year ROI measures 105.66% and total cumulative return in cash totals $121,151.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,335/mo property income versus a $1,693/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1980
871.20 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: Jo Lisa L Cochran • Anchor Realty Florida
Mls Name: CPAR
Mls ID: #780345