6504 Bridge Water WayPanama City BeachFL32407
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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
Rental property for sale in Panama City Beach at 6504 Bridge Water Way, Panama City Beach, FL, 32407 priced at $674,500 pairs $7,914/mo rent with $1,209/mo cash flow after a $3,301/mo payment. Total monthly income equals $7,914/mo, and annual cash flow comes to $14,506/yr on $221,911 invested. Return on cash invested is 26.6% in year one, and rental yield stands at 14.08% on a $674,500 basis. Equity gained on principal adds $4,352/yr, and 5% annual appreciation accumulates to $186,352 by year five. Five-year ROI measures 143.63% and total cumulative return in cash reaches $318,722. For financing, Ziffy Mortgage’s DSCR program evaluates $7,914/mo property income against a $3,301/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2005
N/A lot
$N/A/sqft
$5,609 quarterly 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
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Listed by: Diane Tyler • RC Real Estate Group
Mls Name: CPAR
Mls Provider:
Mls ID: #758345
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.