7536 Coleridge RdPanama CityFL32404
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
Rental property for sale in Panama City at 7536 Coleridge Rd, Panama City, FL, 32404 offers $4,411/mo rent that, after a $7,821/mo payment. Total monthly income is $4,411/mo. Return on cash invested measures 6.02% in year one, and rental yield stands at 3.31% at a $1,598,000 entry. Equity gained on principal adds $10,312/yr while 5% annual appreciation compounds into $441,498 by year five. Five-year ROI records 28.84% and total cumulative return in cash reaches $149,315. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,411/mo property income versus a $7,821/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.56 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: Christopher C Jennings • Bay to 30A Realty
Mls Name: CPAR
Mls ID: #773252