710 W 19th StPanama CityFL32405
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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 710 W 19th St, Panama City, FL, 32405 uses $99,119 cash to close to unlock $4,683/yr annual cash flow and $390/mo monthly cash flow. Total monthly income runs $2,374/mo, and a $1,463/mo payment keeps the spread at $390/mo. Purchase price stands at $299,000, and rental yield measures 9.53% with $2,374/mo rent. Return on cash invested shows 24.63% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 128.79% and total cumulative return in cash records $127,654. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,374/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1963
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32405, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,910 (100%) |
| Owner Occupied HU | 7,737 (51.9%) |
| Renter Occupied HU | 4,741 (31.8%) |
| Vacant Housing Units | 2,432 (16.3%) |
| Median Home Value | $336,326 |
| Average Home Value | $395,025 |
Housing Distribution
Address Breakdown
Residential
13,594
Single Family
12,208
Multi-Family
1,386
Businesses
1,407
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Listed by: Joan C Altenpohl • Coastal Real Estate Group, Inc
Mls Name: CPAR
Mls ID: #775473