6804 Davis RdPanama CityFL32404
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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 at 6804 Davis Rd, Panama City, FL, 32404 uses $53,007 cash to close to unlock $15,291/yr annual cash flow and $1,274/mo monthly cash flow. Total monthly income runs $2,340/mo, and a $783/mo payment keeps the spread at $1,274/mo. Purchase price stands at $159,900, and rental yield measures 17.56% with $2,340/mo rent. Return on cash invested shows 48.76% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 258.23% and total cumulative return in cash records $136,878. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,340/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1971
1.03 Acres 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: Steven Koleno • Beycome of Florida LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #763932
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.