6316 Pridgen StPanama CityFL32404
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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 at 6316 Pridgen St, Panama City, FL, 32404 with 5% annual appreciation on a $164,200 basis while $1,332/mo rent supports operations. Total monthly income totals $1,332/mo and a $804/mo payment preserves $242/mo for cash returns. Annual cash flow comes to $2,904/yr on $54,432 deployed, and return on cash invested reaches 25.24% in year one. Equity gained on principal adds $1,060/yr, and five-year appreciation sums $45,365 alongside rental yield of 9.73%. Five-year ROI measures 132.16% and total cumulative return in cash totals $71,940.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,332/mo property income versus a $804/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32404, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,682 (100%) |
| Owner Occupied HU | 12,006 (61.0%) |
| Renter Occupied HU | 4,464 (22.7%) |
| Vacant Housing Units | 3,212 (16.3%) |
| Median Home Value | $327,530 |
| Average Home Value | $375,161 |
Housing Distribution
Address Breakdown
Residential
19,181
Single Family
18,746
Multi-Family
435
Businesses
569
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A