714 Bay AvePanama CityFL32401
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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 714 Bay Ave, Panama City, FL, 32401 at $189,999 posts ROI 28.5% with $451/mo cash flow from $1,712/mo rent. Total monthly income equals $1,712/mo, and annual cash flow records $5,413/yr on $62,985 to close. Return on cash invested measures 28.5% and rental yield reads 10.81% at the current $189,999. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,493 by year five. Five-year ROI prints 149.6% and total cumulative return in cash totals $94,224.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,712/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32401, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,701 (100%) |
| Owner Occupied HU | 5,308 (49.6%) |
| Renter Occupied HU | 3,463 (32.4%) |
| Vacant Housing Units | 1,930 (18.0%) |
| Median Home Value | $223,044 |
| Average Home Value | $314,963 |
Housing Distribution
Address Breakdown
Residential
9,987
Single Family
9,043
Multi-Family
944
Businesses
1,148
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Listed by: Lee T Tadlock • Northwest Florida Realty, LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #763970
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.