6518 Beach DrPanama City BeachFL32408
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 6518 Beach Dr, Panama City Beach, FL, 32408 at $525,000 posts ROI 7.45% with from $1,669/mo rent. Total monthly income equals $1,669/mo. Return on cash invested measures 7.45% and rental yield reads 3.81% at the current $525,000. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 by year five. Five-year ROI prints 36.58% and total cumulative return in cash totals $63,177. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,669/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1973
5,750 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Greg B Taylor • Counts Real Estate Group Inc
Mls Name: CPAR
Mls Provider:
Mls ID: #771539
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.